Sandeep Verma

Wednesday, January 23, 2013

MCX Trend Tips Gold Silver

MCX gold trend is now corrected and gold mcx is now trading with a little bullish run. At the domestic market the movement of gold and silver has strengthened. Currently, mcx gold is trading with a gain of 0.14 percent at Rs 30814 levels. MCX silver has remained around Rs 59781 with 0.28% gain. MCX crude oil has exceeded 5205 with 0.06% gains. At commodity mcx the base metals are also trading in a uptrend except copper. MCX Copper is trading down at Rs 439 levels and is down by 0.09%. MCX Crude oil February futures is advised to buy at 5180 with a stop loss of 5150 and target of 5230. MCX Copper Feb Futures is also advised to buy near 439 levels with a stop loss of 436 and target of 445 levels.

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The usage of this blog confirms to the policy that the investment in stock market has inherent risks and author or his clients may or may not be following the recommended.The author will not be held responsible for any loss incurred by following the advice.