mcx energy evening call 31 October 2016

mcx crude oil evening call 31 October 2016

mcx crude oil evening call 31 October 2016

Mcx crude oil on muhurat session closed with loss at 3265. Here for today, outlook is bearish and strategy is sell on rise. Mcx crude oil intraday support zones are 3220 and 3150 and fresh target levels. Mcx crude oil intraday resistances as well as shorting zones are 3305 and 3360. Mcx crude oil below 3325 will have swing short target at 3100+. Mcx energy outlook remain bearish and expect strong selling on very rise in medium to long terms. mcx natural gas evening call 31 October 2016 mcx natural gas evening call 31 October 2016 Mcx natural gas future on muhurat session closed at 207.5 with loss. Mcx ng is below 211 remain weak and sell. For today mcx natgas outlook is bearish and strategy is sell on rise. Mcx natgas intraday support zones are 204 and 199 and fresh target zones. Mcx natural gas intraday resistances are 211 and 215 as well fresh selling zones. Mcx natural gas below 211 will have swing short target at 193.

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