Monday, June 27, 2011

MCX


CRUDE OIL:

IS TRADING @4103 IT GAVE A GOOD BOUNCE BACK FROM 4069 LEVEL & THE IMPORTANT POINT TO SEE IS IT HAS NOT BROKE ITS SUPPORT OF 4030.

WHICH IS A GOOD SIGN FOR SHARP UP MOVE, ONE MAY BUY CRUDE ABOVE 4130 LEVEL,

IT MAY SHOW 4200-4375 LEVEL IN COMING DAYS.

BELOW 4030 LEVEL NIFTY WILL TURN IN NEGATIVE ZONE.