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.

Visit link to see Nifty index charts.

Intraday MCX Crude Oil looks good if it holds above 2902.
Will find resistance around 2922, 2935.
S.L - 2890.


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Financial Advisor A leading Investment Advisory company, is known for its accurate recommendations on StockMutual Funds and bonds. We also provides Indian Stock market tips newsletter with daily point of view based on Technical analysis.