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MTECHTIPS MCX CRUDEOIL weekly trading analysis 09-02-2015 to 13-02-2015

MTECHTIPS MCX CRUDEOIL weekly trading analysis 09-02-2015 to 13-02-2015
Mcx Crude Oil On Last Trading Session Closed At 3260 With Gains. On Chart, Crude Is In Recovery Rally And Trading Above Its Week And Month Averages And Heading Towards Its 3 Month Average Of 3605. This Will Be Target For Short-Term Traders If Recovery Rally Continues. On Downside, 3090 And 2900 Are Strong Supports And Stop Loss For Long Positions. In Medium Terms, 4100 To 4300 Are Target Zones. Bottom Of 2720 Is Strong Support And Stop Loss For Medium Term Investors.

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