EPIC AGRI COMMODITY UPDATE:CRUDE OIL

[epicresearchindore]

Crudeoil trading range for the day is 5911-6103.Crudeoil dropped on profit booking as rupee firmness also weighed after data revealed the U.S. economy picked up more jobs than expected in NovemberMonetary implications of a more robust U.S. economy capped oil's gains, however. The data sent oil rising on sentiments that the U.S

 

[kailashtrifid]

MCX TECHNICAL REPORT 10 DECEMBER

Intra-day strategy for MCX BULLION is given below

Support for MCX GOLD FEB. Delivery is seen at 28940 and 28750 levels while resistance is seen 29260 and 29430 levels.

Support for MCX SILVER MAR. Delivery is seen at 43700 and 43300 levels while resistance is seen 44500 and 44900 levels.

Intra-day strategy for MCX ENERGY is given below

Support for MCX CRUDE DEC. delivery is seen at 5900 and 5850 levels while resistance is seen 5980 and 6030 levels.

Intra-day strategy for MCX BASE METAL is given below

Support for MCX COPPER FEB. Delivery is seen at 444 and 441 levels while resistance is seen 447 and 450 levels.

TECHNICAL VIEW ALUMINIUM

Aluminum on daily charts took support of 106.70, now if it is sustain below this then next support is seen around 105.80.

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[Source : MCX TECHNICAL REPORT 10 DECEMBER ]