Mtechtips CRUDEOIL MCX  intraday trading analysis 19-12-2012

Mcx crude oil jan expiry future today closed at 4845 with gains.on chart trend is up and 4830 to 4795 zone is buyer accumulation zone for targets of 4900 to 4980.stoploss for all long positions must be below major support of we told dec future almost expired at top and we still see 4980+ levels in medium term.strong rupee may hit here and show gap down openings?





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