Saturday, December 24, 2011

MCX crude oil rises resistance at Rs.5292 5317: Angel

Today, crude oil prices are expected to trade higher on the back of supply concerns due to sanctions on Iran, upbeat sentiments in the markets and dollar weakness.

MCX Crude Jan?12 Rs/bbl support: 5225/5183 resistance: 5292-5317

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Source: http://www.commodityonline.com/futures-trading/tradingtips/MCX-crude-oil-rises-resistance-at-Rs.5292-5317%3A-Angel-16197.html

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