MCX Crude Update and Trading Tips
MCX Crude oil is trading up more than one percent
and prices have touched 5,057 with in record level. Although as soon as market
was started then immediate crude on MCX Crude oil taken up side in domestic
market. However crude is trying to return back. Crude expert analyze market and
find result crude will never broke 4,900 supporting level.
Current view of Crude is trading up 0.97 percent at
Rs 5022 at around 1 Pm. Now Traders can Sell Crude oil with July contract near
around 5,020 to 5,030 targets 5000, 4983.
Nymax
Crude has reached 90 dollar a barrel, while Brent crude crossed the 105 dollar. Reduced
supplies from Iran and the United States gasoline stocks fall in crude oil
prices have had support.
MCX Silver Tips
Sell Silver September below at Rs 52900.
Targets 52835
, 52750 , 52650 S/L 53027.
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