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MCX Crude and Copper Updates (Tips and Trend) For Today: 4th April '12
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Mugdha
Apr 4, 2012, 8:41:28 AM4/4/12
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MCX Crude Updates
Nymex crude oil prices declined by 1.2 percent yesterday on the back
of more than expected rise in US crude oil inventories as per the
American Petroleum Institute data. Additionally, a stronger dollar
index and Fed’s decision for not going for monetary easing exerted
downside pressure on the prices of the commodity. In MCX crude has a
support level at 5,234 and a resistance level at 5,322. Our technical
report suggest that it is the time to make fresh buy position in MCX
crude.....
Get full report with free tips here @ http://commodity-intraday.blogspot.in
Nymex crude oil prices declined by 1.2 percent yesterday on the back
of more than expected rise in US crude oil inventories as per the
American Petroleum Institute data. Additionally, a stronger dollar
index and Fed’s decision for not going for monetary easing exerted
downside pressure on the prices of the commodity. In MCX crude has a
support level at 5,234 and a resistance level at 5,322. Our technical
report suggest that it is the time to make fresh buy position in MCX
crude.....
Get full report with free tips here @ http://commodity-intraday.blogspot.in
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