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MCX Crude oil technical chart updated on 04th January 2017 Wednesday


MCX CRUDE OIL - 1 BBL


MCX Crude oil showed a false bullish breakout signal, as it closed above its resistance zone and after that witness sharp selling pressure.

Close watch MCX Crude is now at support @ 3552, further weakness expecting if it closes and holds below 3552.

1 comment:

  1. Axis Bank also gained further, up 2.5 percent on hopes of merger with other leading private banks. Tata Motors rose 1 percent after a media report indicated that the company and Volkswagen are in talks for partnership that deal may have huge impact on India, emerging markets.capitalstars

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