mcx crude oil weekly : targets are 2540 and then 2760

mcx crude oil future weekly technical analysis for 7 to 11 march 2016

mcx crude oil future weekly technical analysis for 7 to 11 march 2016

Mcx crude oil future this week closed with gain at 2409. This was third gaining week for crude oil prices. In these 3 weeks period crude rallied from low of 1970 to high above 2400.   mcx Crude oil future clearly in strong recovery rally. On upside 2540 is my first target and 2760 will be next one if sustain above 2540. On downside 2170 is major support now and will remain fresh buying opportunity level.   Short term Trend will reverse only below 2170 so traders must follow buy on major correction strategy for targets 2540 and above.

The Author

Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
COPYRIGHT © 2017. Pramod Baviskar. Dalal street winners advisory and coaching services. FAQ | Disclaimer | Privacy Policy

This website is best viewed using Microsoft Internet Explorer 9 or higher, and/or latest version of Google Chrome and Mozila Firefox browsers.