Wednesday, 23 March 2016

Mcx Crude Oil and Natural Gas Price Forecast

Crude Oil. It suggests that prices are likely to turn on the downside. There is clear indication of negative divergence on RSI. On the upside, immediate resistance is located at 2790 levels.

Natural gas. It suggest that prices have breached trend line support levels and now it is indicating clear bearish trend in the short term. On the upside, immediate resistance is located at 124.80 levels.

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