MCX Gold April Future
Buy at 28140.06 Targets: 28293.9 Stop loss: 28098.14.
MCX Crude Oil February Future
Buy above: 1936 Targets: 1946.04 Stop loss: 1925.01.
The main reason of negative domestic market is China’s market downturn and the deterioration of global markets. Crude oil also give a negative signal in market, Brent crude oil price fell 30$ per barrel in January. Stock market updates: Nifty closed at 7215.70 down 1.13%, SENSEX closed at 23758.90 down 1.09%.