May 16, 2012

MCX Trend and MCX Live Tips

MCX market is trading with a mixed trend and is advised to trade with strict stop losses at the commodity market as the bullion metals are in a downtrend and same is for base metals also are in a downtrend. The market for energy is showing mixed sentiments as mcx crude is trading in a downtrend whereas the market for natural gas is in uptrend. The overall trend for mcx gold is up but for current session it is trading in a downtrend.

MCX Live Tips for Today's session:

MCX Silver is expected to soon gain in the prices thus market expert advice that buying in silver is better after the prices gain its pace.

MCX Silver (June) is advised to buy around Rs 53000 with a stop loss below Rs 52400 and for targets of 54000 - 54500.
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