Friday, 20 November 2015

Mcx & Commodity Market Energy News

Crude Oil. Prices are trading in sideways channel. It has immediate resistance at 2760 levels. Prices are expected to fall back again till 2650 levels. Bias is on the downside.

Natural gas. It suggest that prices are trading in channel format. It has potential to move above 160 levels. On downside, support is located at 151.50 levels. Bias is on the upside.

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