Wednesday, June 29, 2011

MCX:

CRUDE OIL IS TRADING @ 4230, BELOW OF ITS RESISTANCE OF 4250, IF IT MANAGES TO TRADE BELOW 4215 MARK THEN WE MAY SEE 4175-4125 SOON,

AS FROM THE HIGHER LEVEL CRUDE HAS GIVEN MINIMUM 300 POINTS OF DOWN FALL, IT MAY SHOW FRESH BUYING FROM LOWER LEVEL,

BUT THE REAL STRENGTH WILL FIND ITS WAY ONLY ABOVE 4275 IN CLOSING MODE