Thursday, 12 June 2014

CAPITAL STROKE UPDATE 12-June-2014 : MCX CRUDE OIL




CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6320 R1-6250 S1-6130 S2-6050
Crudeoil settled up but moved in choppy trading after investors digested conflicting weekly U.S. supply reports.
Crude oil futures may see support as the latest violence in Iraq rattled the market.
EIA said in its weekly report that U.S. crude oil inventories decreased by 2.6mbls vs -1.9mbls in the week ended June 6.

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