MCX-Crude Oil (₹3,174)
Taking support at around ₹3,100 per barrel in late March, the MCX-Crude oil futures contract started to move higher. However, it encountered a key resistance in the band between ₹3,450 and ₹3,480 in mid-April and began to decline. The contract subsequently resumed its down-move. It is currently testing the significant support level of ₹3,100 once again, with negative bias. The daily indicators are...
Read the rest of this article by Signing up for Portfolio.
It's completely free!
SIGN UP NOW
Investment alerts,End of day market reports, Market news analysis,External research reports and Technical calls
Daily update on Business and Market news via email
'Your Market Corner' Widget with personalized business and market news