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MCX Crude is looking consolidate today, although it has recover from the 4900 levels of last week but now it is trading at the level of 5173 with the intraday high of 5198. Crude oil futures soared Wednesday, fueled by a double-shot of bullish news of supply worries on one hand and stronger economic data across the globe on the other.
Finally Crude Oil is looking bullish having the resistance of 5210 and a support of 5130.
We Suggest that make a fresh position in MCX Crude Oil to maximise your profit.
