Wednesday, March 06, 2013

MCX Intraday Trend

MCX gold is trading in down trend and is recommended to sell MCX gold contract for the month of April between Rs 29,630 per 10gm and Rs 29,650 per 10gm. MCX crude is trading in a uptrend and recommended to buy mcx crude and buying strategy for mcx crude is buy at around Rs 4,950-4,960 per barrel with a stop loss at Rs 4,920 per barrel and a target on the upside at around Rs 5,010-5,020 per barrel.