Commodity bets: How to trade gold, silver, crude now

Sumeet Bagadia of Destimoney Commodities suggests selling gold at Rs 26,500 per 10gm with a stop loss at Rs 26,700 per 10gm on higher side for initial target of Rs 26,200 per 10gm.

"If it closes below Rs 26,200 per 10gm then further selloff can be seen till Rs 25,900 per 10gm in next two-three days," he adds. Sell MCX Gold June around Rs 26350; target Rs 26000: Geojit Shreekant Jha of PJ Commodity Ventures advises selling crude at Rs 5,300 per bbl with stop at Rs 5,400 per bbl for target of Rs 5,150 per bbl. Meanwhile, Priyank Upadhyay of SSJ Finance & Securities recommends buying silver above Rs 43,700 per kilogram with a stop loss below Rs 43,000 per kilogram and target around Rs 44,700 per kilogram.