MCX Crude is expected to gain in price levels. MCX Gold trend is bearish and selling gold will be better near 29,000 levels with a stop loss of Rs 29,200 for target of Rs 28,650 levels.
Crude is good to buy at around Rs 5,090 per barrel or Rs 5,100 per barrel levels with a stop loss to be placed at Rs 5,030 per barrel levels for the upside target of Rs 5,120 per barrel and above that Rs 5,240 per barrel levels as this position in gold is expected to come.
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