Commodity bets: Expert tips to trade crude, silver, lead

Shreekanth Jha of PJ Commodity Ventures advises buying MCX crude at Rs 5,100 per barrel for upside target of Rs 5,200 per barrel.

Dipen Shah of Stayvan.com recommends buying silver on MCX on dips to Rs 57,600 per kilogram. "Maintain a stop loss for this trade at Rs 57,300 per kilogram for an upside target of Rs 58,200-58,400 per kilogram," Shah adds. Sumeet Bagadia of Destimoney Commodities advocates selling MCX crude at Rs 5,120-5,130 per barrel levels. Bagadia says, "Keep a stop loss for this trade at Rs 5,170 per barrel for downside target is of Rs 5,050 per barrel and beyond that to Rs 4,980 per barrel." Dharmesh Bhatia of Kotak Commodities suggests selling MCX lead Rs 128 per kilogram. Place a stop loss for this trade at Rs 130 per kilogram for target of Rs 125 per kilogram on the downside. Related Links: Dollar appreciation may push bullion prices lower
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