Friday 27 April 2012

MCX CRUDE OIL TRADING TIPS TODAY 27 APRIL 2012

Crude oil Update, MCX Tips, Crude Tips, and Future tips Free MCX Commodity Tips, Intraday MCX Online Tips, Commodity, Support, Resistance, and Level

Crude Oil Tips

In domestic market MCX Crude is showing negative trend with May and July contract. Today it has introduced down with Rs 5494 in previous, while tomorrow it was closed 5504 with down business.

Now it is trading down 0.19 percent at Rs 5463 at around 3.30 Pm. According to research specialist copper is seen buy position.
Crude on Naimaks also fell more than half percent in previous, yet prices is above 105 dollars a barrel.
Trading Strategy MCX Crude Oil Today
Buy MCX Crude Oil Above 5465 with may contract.
Targets- 5478, 5491
Stop Loss- 5443.
Crude Oil Support and resistance
Support- 5479-5454
Resistance- 5524-5544.

 

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