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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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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.