Mtechtips MCX CRUDEOIL intraday trading analysis 28-12-2012

Mcx crude oil jan expiry future today closed near 4990 with almost 2% initial weakness and making low of 4969 ,sharp buying triggered and in minute we seen 5070 crude oil prices high point was 5008 while low was 4969.trend and momentum strong but heavy overbought condition on chart.





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