January 16, 2013 / 12:35 IST
Fortune Financial Services has come out with its report on Gold, Silver, Natural Gas and Crude Oil. According to the research firm, one can buy MCX Gold February contract around Rs 30820 with stoploss of Rs 30720 for a target of Rs 30950-31060.
MCX Gold February Contract is looking positive for the day. Market may find support near 30820 & 30720; intraday resistance can be seen near 30950 & 31060. Day traders are advised to buy intraday on dips. (Buy around 30820 with SL 30720, for the target of 30950 & 31060.)
MCX Silver March Contract is looking slightly positive for the day. Market may find support near 59200 & 58700; intraday resistance can be seen near 59700 & 60200. Day traders are advised to buy intraday on dips. (Buy around 59200 with SL 58700, for the target of 59700 & 60200.)
MCX Natural Gas January contract is slightly looking positive the day. Market may find support near 187 & 184 intraday resistance can be seen near 191 & 194. Day traders are advised to buy intraday on dips. (Buy around 187 with SL 184 for the target of 191 & 194.)
MCX Crude oil January contract is looking positive for the day. Market may find support near 5105 & 5045; intraday resistance can be seen near 5160 & 5210. Day traders are advised to buy intraday on dips. (Buy around 5105 with SL 5045, for the target of 5160 & 5210.)
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