Mtechtips CRUDEOIL MCX  intraday trading analysis 04-12-2012

Mcx crude oil dec future closed at 4878 with half percent gains.on chart looks bearish as forming lower tops and bottom.stronger rupee will push prices on downside as trading with high premiums.below 4790 selling will become sharp.4750 and 4700 are intraday targets while reversal expected above 4870 only.





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