MCX CUDE OIL Daily Chart
MCX crude oil witnessing selling pressure from 50% fibonacci retracement resistance zone @ 2902, bears will be favored as long as it trades below.
On down side it will find support at its previous bottom @ 2636, once it closes and holds below 2636 then further weakness can be seen in coming days.
Visit link below to read article on Bombay stock exchange.
• IOC board clears Rs 27,000 crore refinery of its unit Chennai Petroleum. To set up new 9 mmtpa refinery at Nagapattinam.
ReplyDelete• Aditya Birla Capital receives in principal approval from RBI to set up an ARC.
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