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MCX crude oil tips and forecast on crude oil updated for 07th December 2015, Monday

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.

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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.