MCX crude oil free mcx tips and crude oil analysis updated on 22nd April 2016, Friday.

MCX CRUDE OIL - 1 BBL

MCX crude oil finding strong trend line resistance at its previous top @ 2965. Bulls action can only be seen once it closes and holds above its previous top.

If it fails to hold above its resistance zone then some correction can be seen in coming days.

Down side crude oil will find strong trend line support @ 2600 (as per today's graph).