Trading tips for gold, zinc & nickel

Dipen Shah of Stayvan.com advises selling gold, which is currently trading at Rs 27,200-27,300 per 10gm. Shah says, "Any bounce around Rs 27,300 per 10gm on MCX can be used for short selling with strict stop loss of Rs 27,370 per 10gm expect Rs 27,000 to Rs 26,950 per 10gm on lower side."

Also Read: RBI probes banks for sale of gold investment products Priyank Upadhyay of SSJ Finance & Securities recommends buying nickel May contract around Rs 825-822 per kilogram with stop loss below Rs 815 per kilogram and target around Rs 845 per kilogram.
 
Dharmesh Bhatia of Kotak Commodities advocates selling zinc around Rs 103-104 per kilogram maintaining a stop loss of Rs 105 per kilogram and hold short for target of Rs 98-100 per kilogram on downside.