mcx crude oil weekly outlook for 26 to 30 oct 2015

crude oil future this week closed at 29925 with loss.
crude oil 5 weeks trend channel is flat
and 20 weeks trend channel is down.
weekly chart RSI is at 40 with sell signal.
mcx crude oil weekly support zones are 2920 and 2855.
mcx crude oil weekly resistance zones are 3105 and 3211.
mcx crude oil weekly trading call will be
stay short for target 2920 and 2855.

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Pramod Baviskar

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