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MTECHTIPS MCX CRUDEOIL SELL 3150-60 STOPLOSS 3200 TGT 3090 TGT 3070

MTECHTIPS MCX CRUDEOIL intraday trading analysis 09-03-2015
Mcx Crude Oil Future On Last Trading Session Closed At 3177 With Gains. On Daily Chart, Crude Is Trading Above Its Pivot Point Level Of 3110. So Above It Outlook Will Remain Bullish For Month Of March. On Upside 3350 And Then 3640 Are Strong Resistances As Well As Target Zones If Trend Persist. Technical Price Pattern As Well As Indicators Pattern Suggesting Bull Run For Oil Future In Short Terms. Below Pivot Level Of 3110, Crude Future Has Support At 2825 And Then 2580. These Will Be Strong Support Zones As Well As Target Levels On Reversal Of Trend.

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