MCX crude oil free commodity technical analysis chart updated for 18th February 2016, Thursday.
MCX CRUDE OIL - 1 BBL
MCX crude oil moving up from 50% fibonacci retracement and 100 hours support zone, bulls will be favored.
On upper side it will find resistance at its previous top @ 2155, further intraday bulls action can be seen once it closes and holds above 2155.
Intraday levels for MCX crude oil updated for 18th February 2016, Thursday.
Crude oil looks good above 2155.
Will find resistance around 2175, 2190.
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