MCX Crude Oil Trend Today: MCX Crude oil on global cues is being trending green. It jumped up around 3 percent in last three sessions at US market. Following the international market trend the crude oil in domestic market MCX India has been trading on green note since morning opening. There is no possibility of going it down in the later evening or afternoon session. The weakened Rupee against the dollar made the commodity market traders happy in today's commodity market trading session.
MCX Crude oil Trading Tips: MCX Crude oil is adviced a buy call at current market conditions for the intraday target of 5075. Follow the strict stop loss of Rs. 5010 for long position at around 5033. MCX Crude may see a strong support of Rs. 5000 followed by the resistance at 5100.
