Wednesday, December 28, 2011

MCX crude oil weighs down resistance at Rs.5320 5350:Angel

We expect MCX crude oil prices to trade higher today taking cues from positive sentiments in the markets on expectations that US economy will continue to improve further.

MCX Crude Jan?12 Rs/bbl support:5272.0/5240.0 resistance:5320.0/5350.0

Courtesy: Angel Commodities

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Source: http://www.commodityonline.com/futures-trading/tradingtips/MCX-crude-oil-weighs-down-resistance-at-Rs.5320-5350%3AAngel-16219.html

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