Friday, December 23, 2011

Crude Oil Updates: MCX Crude Tips For Today(23rd Dec '11)

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MCX Crude is looking bullish at this time. Today it is trading at 5286 with the intraday high of 5294. As we have predicted that mcx crude oil is looking bullish yesterday crude oil moved according to that pattern. It is looking more bullish in coming trading session. Crude oil futures briefly pushed above the USD100.00 per barrel mark on Thursday due to sharply lower inventories and strong U.S. leading indicators.

Finally Crude Oil is looking bullish having the resistance of 5350 and a support of 5230.

We Suggest that make a fresh position in MCX Crude Oil to maximise your profit.

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