Friday, April 12, 2013

MCX GOLD 5June 2013 is in attractive zone for long.

MCX GOLD 5th JUNE 2013 in trading at its demand zone of 27992-28204, CMP 28249. A stop loss of 27950 is well enough at present while upside is showing 29430 as target. Risk : Reward is too attractive, risk averse traders can long GOLDM, but stop loss and target should according to GOLD 5th June 2013 contact.