Monday, February 11, 2013
In the international market, the price of Brent crude touched $ 119 level. However, the selling pressure on the upper level after the show. Naimaks the crude oil has come down to $ 96. This effect is demonstrated in the domestic market at MCX Crude oil is trading weak. Weakness in the rupee against the dollar today. Crude oil slipped 0.25 per cent on MCX is trading at Rs 5140.
Despite the weakness in the rupee against the dollar in the domestic market has put pressure on the prices of gold and silver. With a decline of 0.2 percent on MCX gold is trading at Rs 30 750. The silver is trading at Rs 58 160 dropped 0.15 percent.
MCX Crude Oil Tips For Today:
MCX Crude oil February futures series is suggeted for Sell below 5160, with stoploss of 5195 and target at 5070.