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MCX crude oil technical analysis weekly charts and trading forecast updated for 23rd November 2015, Monday.

MCX CRUDE OIL


MCX crude oil has formed head and shoulder pattern in weekly chart, technical indicates sharp movement can be seen once stock comes out from its pattern as shown in above technical image.
Down side stock will find strong support around 2577.
Price fall can be seen once stock closes and holds below 2577.

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1 comment:

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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.