Mcx crude oil remain buy on dips target 3075 and above

Mcx crude oil intraday outlook for 11th November 2016 Mcx crude oil intraday outlook for 11th November 2016 Mcx crude oil last closed at 3012. Mcx crude oil future consolidating after bounce back from lower levels and still holding 2920 support strongly. Mcx crude oil remain buy on decline above 2920 for targets 3075 and then 3270. For intraday mcx crude oil intraday support zones are 2980 and 2900. On upside 3050 and 3100+ are resistances as well as intraday target zones. Swing traders above 2920 keep buy and accumulate view and expect short term targets at 3075 and then 3270.

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Pramod Baviskar

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