Sell Gold on rally around Rs 29150; SL Rs 29230:Nirmal Bang

Gold prices are likely to hold the range from 28750 to 29150, prices are expected to test higher to the tune of 29100 29150, one can sell on rise around 29150 with a stop loss above 29230.

Silver prices are likely to trade within the range from 53800 to 54850, one can trade within the range. A close above 55250 should witness fresh buying in the counter.

Copper prices are likely to trade within 423 to 431, one can trade within the range. RSI suggesting a positive momentum to follow.

Nickel prices are expected to trade between the range from 930 to 960. One can maintain a stop loss below 920 for long position.

Lead prices are expected to trade higher as long as it sustains above 107 and test 109.60 -110. One can buy around 107.40 with a stop loss below 106.

Crude prices could witness buying if it is sustained above 5040, one can maintain a stop loss below 5010 for the target at 5120 - 5140.

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