mcx crude oil intraday forecast 8 oct 2015

Mcx crude oil future today is trading at 3153 with loss.
On daily chart, crude future 1 week price channel is up.
And 1 month price channel also showing flat range.
Daily chart RSI is at 61 and continues buy signal.
mcx crude oil intraday support levels are 3123 and 3042.
And mcx crude oil intraday resistance levels are 3180 and 3217.
mcx crude oil intraday trade will on buy side and for target 3217.
buy at supports with stop loss in place.

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Pramod Baviskar

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