January 20, 2018

Mtechtips CRUDEOIL MCX  intraday trading analysis 17-12-2012

Mcx crude oil dec future short term traders hold longs for targets of 5000 and then 5150.buying zone is 4700-4650 with strict stoploss on downside. above 5000 rally will pick momentum and sharp moves expected. medium to long term view fresh buying done on confirmation only.if buy signal triggers then rally targets comes around 4950-5100 in dec to jan series.on downside 4500-4600 zone remain value buy zone.





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