MCX crude oil technical chart and forecast updated for 27th November 2015, Friday.
MCX CRUDE OIL (Daily Chart)
MCX Crude Oil witnessing selling pressure from 50% fibonacci retracement resistance zone @ 2902, further weakness can be seen as long as it holds below.
Bulls action can be seen once it closes and holds above 2902.
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Intraday MCX Crude Oil looks good if it holds above 2902.
Will find resistance around 2922, 2935.
S.L - 2890.