MCX crude oil technical analysis chart and commodity tips updated for 01st April 2016, Friday.

MCX CRUDE OIL - 1 BBL

MCX crude oil moving in down channel pattern in hourly chart, as long as it holds in between its pattern bears will be favored.

Intraday bulls action can be seen one crude oil holds above its resistance zone @ 2600 as shown in above technical image.

MCX crude oil technical chart and commodity tips updated for 31st March 2016, Thursday.

MCX CRUDE OIL - 1 BBL

MCX crude oil is now finding strong support @ 2540 its previous resistance which is now acting as a major support.

If crude oil holds below 2540 then it will show first sign of weakness and further fall can be seen in coming days.

MCX crude oil technical chart and free trading tips updated for 30th March 2016, Wednesday.

MCX CRUDE OIL - 1 BBL

MCX crude oil technical chart indicates that it is finding strong trend line support at current levels @ 2540, as long as it holds above bulls will be favored and crude oil can see some bounce back.

As it previous resistance is now acting as a major support for crude.

Once it closes below its trend line then crude will show first sign of weakness.

MCX crude oil technical chart and commodity tips updated for 28th March 2016, Monday.

MCX CRUDE OIL - 1 BBL

MCX crude oil technical chart indicates that it is moving up from its previous resistance which is now acting as a major support, as long as crude holds above 2540 bulls will be favored and further price rise can be seen in coming days.

Crude will show first sign in weakness once it closes below 2540 as shown in above image.

MCX crude oil technical analysis and commodity trading tips updated for 21st March 2016, Monday.

MCX CRUDE OIL - 1 BBL

MCX crude oil witnessed selling pressure from 161.8% fibonacci retracement resistance zone as shown above, as long as crude oil holds below 2745 bears will be favored and further weakness can be seen in coming days.

On down side crude oil will find support around 2620 its previous resistance zone, which will now act as a major support.

MCX Crude oil commodity trading tips and mcx tips updated for 18th March 2016, Friday.

MCX CRUDE OIL - 1 BBL

MCX crude oil closed above its previous top, as long as crude oil holds above 2540 further bulls action can be seen in coming days as its previous resistance now action as a major support.

MCX crude oil technical chart and free commodity trading tips updated for 17th March 2016, Thursday.

MCX CRUDE OIL - 1 BBL

MCX crude oil technical analysis hourly chart indicates that it is finding strong golden ratio resistance at current levels, bulls action can be seen one mcx crude holds above 2563.

Trend will be mix for bulls as long as mcx crude holds below 2563.

MCX crude oil technical analysis chart and commodity tips updated for 16th March 2016, Wednesday.

MCX CRUDE OIL - 1 BBL

MCX crude oil daily chart indicates that it is moving up from 23.6% fibonacci retracement support zone, as long as it holds above 2427 bulls will be favored and further bulls action can be seen in coming days.

MCX crude oil technical chart and commodity tips updated for 15th March 2016, Tuesday.

MCX CRUDE OIL - 1 BBL

MCX crude oil technical chart indicates that it is finding strong trend line support at its hourly chart, bulls will be favored as long as it holds above 2466.

Weakness can be seen once it holds below 2466.

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MCX crude oil commodity trading tips and mcx tips updated for 14th March 2016, Monday.

MCX CRUDE OIL - 1 BBL

MCX crude oil technical chart indicates that it has closed above 200 DMA and strong trend line resistance zone.

As long as crude oil holds above bulls will be favored and further bulls action can be seen in coming days.

NYMEX crude oil commodity trading tips and crude oil technical chart updated for 11th March 2016, Friday.

NYMEX CRUDE OIL

NYMEX crude oil technical chart indicates that it is finding strong trend line resistance at current levels @ 38.51, so as long as it holds below bears will be favored and some weakness can be seen in coming days.

Once it closes and holds above 38.51 levels then further bulls action can be seen in coming days.

MCX crude oil technical chart and commodity tips updated for 10th March 2016, Thursday.

MCX CRUDE OIL - 1 BBL

MCX crude oil technical chart indicates that it is finding strong 200 DMA and trend line resistance around 2595, once stock closes and holds above its resistance zone bulls will be favored and further price rise can be seen in coming days.

As long as it holds below bears will be favored.

MCX crude oil technical chart and commodity tips updated for 09th March 2016, Wednesday.

MCX CRUDE OIL - 1 BBL

MCX crude oil technical chart indicates that it is witnessing selling pressure from its previous top in its daily chart.

Technical indicates as long as it holds below its resistance zone bears will be favored and further weakness can be seen in coming days.

Bulls action can only be seen once it closes and holds above its resistance zone @ 2595.

NYMEX crude oil technical analysis chart and tomorrow forecast updated for 07th March 2016, Monday.

NYMEX CRUDE OIL

NYMEX crude oil technical chart indicates that it has closed above its previous top, as long as crude oil holds above its previous resistance zone @ 34.82 bulls will be favored and further price rise can be seen in coming days.

Previous resistance will now act as a major support for NYMEX crude oil.

MCX Crude Oil commodity trading tips and mcx tips updated for 07th March 2016, Monday.

MCX CRUDE OIL - 1 BBL

MCX crude oil hourly technical chart indicates that is was moving up from strong trend line support zone and has now closed above its previous top as shown in above technical chart.

As long as crude oil holds above its previous top @ 2396 further bulls action can be seen in coming days as previous resistance is now acting as a major support for MCX crude oil.

MCX crude oil hourly technical analysis chart updated for 03rd March 2016, Thursday.

MCX CRUDE OIL - 1 BBL

MCX crude oil hourly chart indicates that it has formed triangle pattern in daily chart, as long as it holds in between trend will be mix with no clear direction.

Bulls action can be seen once crude oil holds above its trend line resistance zone as shown in above image @ 2396.

MCX crude oil, mcx tips and commodity tips updated for 02nd March 2016, Wednesday.

MCX CRUDE OIL - 1 BBL

MCX crude oil finding strong trend line resistance at its previous top, technical indicates bulls will be favored once MCX crude closes and holds above 2396.

Trend will be mix as long as crude holds below 2396.

NYMEX crude oil technical analysis chart updated for 01st March 2016, Tuesday.

NYMEX CRUDE OIL

Daily chart of NYMEX crude oil indicates that it is finding strong trend line resistance at current levels  @ 34.82. Technical indicates bulls will be favored once stock closes and holds above its previous top as shown in above image,