WEEKLY UPDATE Mcx Crude oil was trading in the

WEEKLY UPDATE     Mcx Crude oil was trading in the negative zone for last 2 weeks and last week prices closed well     below its strong supports 2950 levels, immediate resistance for the commodity is now at 2980     and 3000 levels, trend for the commodity is extremely bearish and we expect prices to correct     further 2750 to 2700 levels in the days to come with resistance above 3000 levels on closing basis.     Weekly Call :    Sell Mcx Crude oil at CMP 2925    and on rises up to 2960     with SL above 3050     for targets 2800 , 2750 and 2700.(Positional)

 

DONTMISS WEEKLY CRUDEOIL UPDATE

Post Comment