Thursday 1 January 2015

CAPITAL STROKE UPDATE 2 JANUARY 2015 : MCX CRUDE OIL

Trend updated for-Jan/02/2014.CMP-3400 Overall trend of the Crudeoil is bearish for medium-long term .Currently Crudeoil is in strong downtrend but volume is

unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Crudeoil is now trading in highly oversold

level. The Crudeoil is now trading in highly oversold level. The oscillator is showing SELL signal For short term Crudeoil is in HOLD SHORT position.Positionally

Immediate support for Crudeoil is 3331.Resistance for the Crudeoil is 3517-3569-3793-4308-4700-4966-

For more details visit: http://www.capitalstroke.com/ or contact on 0731-3299704

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