Expert opinions for trading gold, silver, crude & zinc

Renisha Chainani of Edelweiss recommends buying MCX gold December contract above Rs 31,300 per 10 grams. Chainani says, "Place a stop loss for this trade at Rs 31,240 per 10 grams for upside target of Rs 31,400 per 10 grams."

Priyank Upadhyay of SSJ Finance & Securities advises selling crude on MCX on rallies to Rs 4,700-4,720 per barrel. Upadhyay adds, "Keep a stop loss for this trade above Rs 4,770 per barrel for targets of Rs 4,600 per barrel and beyond that to Rs 4,550 per barrel." Shreekant Jha of PJ Commodity Ventures suggests buying silver on MCX at levels of Rs 62,000 kilogram. He expects targets of Rs 64,000 per kilogram for this trade. Dipen Shah of Stayvan.com advocates buying zinc on MCX at Rs 105 per kilogram with a stop loss of Rs 104 per kilogram for an upside target of Rs 107-108 per kilogram.