February 28, 2012

MCX Tips Gold Crude

MCX gold prices are trading in a sideways trend but gold is expected to rise in the upcoming session. One should go for buy MCX April contract at Rs 28600 with stop loss at Rs 28490 -28500 and target of Rs 28800 and Rs 28820. Though for now crude oil is trading in a downtrend but it is expected to gain more and in the upcoming session and crude is advised to buy at around Rs 5370 per barrel with a stop loss of Rs 5320 per barrel for a target of Rs 5420 levels.
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