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MCX Crude oil technical chart updated on 12th May 2015, Tuesday.


MCX CRUDE OIL - 1 BBL


MCX Crude oil daily chart is finding strong support at current levels, technical indicates as long as it holds above bulls will be favored, but if Crude oil closes and holds below its support zone as shown in above technical graph then weakness expecting.
Even its major trend indicator "MACD" and "Stochastic Oscillator" has turned negative this indicates if crude breaks its support then we can see some bears action.

Visit this blog daily for MCX Crude oil technical chart.

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