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MCX crude oil intraday tips as per intraday chart updated on 16th June 2015, Tuesday.


MCX CRUDE OIL - 1 BBL


MCX crude oil initraday chart indicates that it is moving up from golden ratio support zone, so as long as it holds above bulls will be favored in intraday.
But once it holds below its support zone as shown in above chart then weakness can be seen in MCX crude oil.
So far its major trend indicators are turned bullish this will favor bulls. Close watch.
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