CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6540 R1-6460 S1-6350 S2-6280
Crude oil futures ended with slim losses in the domestic market on Tuesday as investors and speculators exited positions in the energy commodity after a report said that US crude oil stockpiles rose last week, signaling weak demand for the fuel in the world’s biggest crude oil consumer. Crude oil futures may rise today as an improving US economic outlook lifts demand for the fuel.
At the MCX, Crude Oil futures, for the July 2014 contract, closed at Rs 6,400 per barrel, down by 0.08 per cent, after opening at Rs 6,387, against a previous close of Rs 6,405. It touched an intra-day low of Rs 6,370.
For more details visit: http://www.capitalstroke.com/ or contact on 0731-3299704
0 comments :
Post a Comment