MCX Energy intraday Report for 25 Oct 2016

mcx crude oil intraday Report for 25 Oct 2016 Mcx crude oil future last closed at 3358 with the loss. As expected crude is now in correction phase and achieved downside target of 3325. Below 3325, expect big downside up to 3100 in short to medium terms. Mcx crude oil intraday outlook remains bearish and strategy remains to sell on rise. Mcx crude oil future intraday support zones are 3330 and then 3250 while on upside 3415 and 3460 are intraday resistances as well as fresh short entry zones. The big picture for mcx crude oil is weak and expect big downside in short to medium terms on profit booking. mcx natural gas intraday Report for 25 Oct 2016 Mcx natural gas future, last closed at 191.3 with a big loss. In last 4 sessions, mcx natural gas prices tumbled from 220 to lows of 190. Mcx natural gas achieved my 193 rupees corrective target. Below 193, mcx natural gas will turn bearish and remain sell for targets 185 and 179. For intraday mcx natural gas view is bearish and strategy will be sell on rising. Mcx natural gas intraday support zones are 189 and 185. On upside 194 and 198 are intraday resistance levels as well as fresh short entry zones. For mcx energy tips on whatsapp with live support and follow ups join our commodity tips service.

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.
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