Wednesday, May 04, 2016

Silver Today Target | MCX Gold trend| Commodity tips|Commodity Market Update

Market Update

Oil prices stabilised after falling for two straight days on concerns that slowing demand and rising Middle East production would extend a global supply overhang. The slight price increases followed a more than 6 percent fall since the end of April that was triggered by rising output from the Middle East and renewed signs of economic slowdown in Asia.

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Expert's Call-

  • Buy Gold MCX   Entry 30090  at Target  30400 and Stop Loss 29939.
  • Sell Crude Oil MCX Entry 2915 at Target 2850 and Stop Loss 2948.
  • Sell Silver MCX Entry 41300  at Target  40900  Stop Loss 41600.