Friday, May 10, 2013
Trading Tips for Crude Oil with Live Trend
Crude Oil Trend Today on MCX: MCX Crude oil has been trading slightly up in domestic market today. On global trading platform the energy commodity is trading down for last 2-3 days. Crude oil on NYMEX followed the same bearish trend today in US market too. US sentiments of jobless data forced the crude oil to move down in the commodity market. Although the dollar against the rupee is strong in the currency market. Still it's having strong impact on the crude prices.
MCX Crude Oil Trading Tips for Today's Commodity Trading Session with Support & Resistance Level: MCX Crude oil is on bullish side for the day. As the expiry date of crude is progressing the prices are going up side. We would suggest to buy the energy commodity crude at current market levels for the target of 5273.
