Showing posts with label CRUDE. Show all posts
Showing posts with label CRUDE. Show all posts

Sunday, 18 December 2011

CRUDE

For the next week we expect Crude prices to find Resistance at 5080-5100 levels. Trading consistently
above 5100 levels would renew the previous rally initially towards 5266 levels, and then finally towards
5390 levels.
Crucial Support is now observed at 4910-4890 levels. Trading below 4890 levels would trigger a sharp fall
initially towards 4795 levels and then finally towards the Major support at 4685 levels.



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MCX OPERATOR