Thursday 16 October 2014

Mcx Crudeoil Trend Today Outlook 17 oct 2014– By Gravita Research

CMP-5109 Overall trend of the Crudeoil is bearish for medium-long term .Currently Crudeoil is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . In last few days volume based selling happened in the Crudeoil. The oscillator is showing SELL signal For short term Crudeoil is in SELL position.Positionally Immediate support for Crudeoil is 4924.Resistance for the Crudeoil is 5388-5509-5578-5698-5856-5962- For More Detail Visit Our SIte -- http://www.gravitaresearch.com/includes/commodities-tips.php

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