Monday, 2 March 2015

CAPITAL STROKE UPDATE 3-MARCH-2015 : MCX CRUDE OIL

Trend updated for-Mar/03/2015.CMP-3149 Overall trend of the Crudeoil is bearish for medium-long term Currently Crudeoil is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Crudeoil is in SELL position.Positionally Support for the Crudeoil is 3121-3110-.Resistance for the Crudeoil is 3174-3488-3858

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