Tuesday, 27 October 2015

Crude Oil and Natural Gas Updates in Mcx Commodity

The above is hourly chart of Crude Oil. Prices are making lower highs and lows in intraday parameter. However, if prices recover above 2875 level then it will move towards 2915 levels. On flip side, support is located at 2830 levels.

The above is hourly chart of Natural Gas. Prices are trading in steep downtrend in the near term. Momentum indicator RSI suggest strong bearish range on the momentum. In today's session prices are expected to fall further till 125 levels. On upside, resistance is located at 140 levels.

Commodity Tips, Stock Tips, Equity Tips
Ph: 0731-6619100

No comments:

Post a Comment