Expert views on copper, gold, aluminium and crude

Ram Pitre of ITI suggests buying copper on MCX May contact between Rs 442 per kilogram and Rs 444 per kilogram with a stop loss of Rs 440 per kilogram for a target price of Rs 450-452 per kilogram.

Priyank Upadhya of SSJ Finance and Securities feels that MCX Gold would be a strategy to buy on dips; Rs 28,850-28,800 per 10 grams with a stop loss below Rs 28,700 per 10 grams. “One can look for targets of around Rs 29,100-29,150 per 10 grams” he adds. Dipen Shah of stayvan.com advises shorting aluminium May futures at Rs 110 per kilogram levels with a stop loss of Rs 111.50 per kilogram for a target of Rs 105 per kilogram with a timeframe of this week. N Prasad of Safetrade Advisors recommends buying current MCX crude oil contract from Rs 5,505 per barrel with a stop loss of Rs 5,470 per barrel for targets of Rs 5,558-5,562 per barrel.