2
85
|
9/25/2015 8:37:17 AM
|
MCX CRUDE OIL OCT., Thursday as seen in the daily chart opened at 2991 levels and day high of 3016 levels. During this period price corrected & made day low of 2921 levels finally closed at 2984 levels. Now, there are chances of further downward movement technically & fundamentally. HSBC cautioned not to over-focus on weak China data, arguing that fully developed economies were also slowing. Yet a global oversupply that analysts estimate at 2.5 million barrels per day remains largely in place due to high production.
DAILY RECOMMENDATION: SEL MCX CRUDE OIL AUG., BELOW 3030 LEVELS FOR TARGET OF T1 2930, T2 2900 WITH SL OF 3135 LEVELS.
Get real time advice for Stock Market, Forex, Comex. Stock trading tips, Forex, Commodity Online like gold, silver, intraday bullion trading, copper, crude trading tips and all market updates. Our Special Services like Equity King, Bullion King & Agri King. We Provide Stock trading tips. For 2 Days Free Trial, please visit our site…… Our Some Other Tips & Services, Get it Soon !!
www.capitalstars.com | T:+91-731-6790000,6669900
|