Monday, January 16, 2012

MCX Crude Oil Tips


Today, a break below Rs. 5231.12 levels saw in crude oil price,correct to a low of Rs. 5075 levels. The Pullbacks towards the Rs. 5140.89–Rs. 5165.45 levels must be used by traders to go short in crude oil. The Rs. 5021 / Rs. 4985 levels are the next downside targets in Crude. Traders which are already short in crude oil can hold on their shorts for the above revealed downside targets.

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