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MCX Crude oil technical analysis chart updated on 13th May 2015, Wednesday.


MCX CRUDE OIL - 1 BBL


MCX Crude Oil moving up from its support zone as shown in technical chart, its previous resistance now acting as major support for cude. Further strength can be seen once oil closes and holds above its recent high shown in red line in above graph.
So major its major indicators are moving in negative zone once they turn positive then further strength expecting.
Visit our blog daily for more Crude oil technical analysis.

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