MCX Crude oil prices may remain downbeat tracking weak opening in international markets. Oil extended declines in New York after closing last week at a one-year low on speculation that a slowing U.S. economy and Europeas debt will curb fuel demand. The Organization of Petroleum Exporting Countries oil output in September rose to the highest level since November 2008, with a Saudi cut was offset by Iraqi and Libyan gains. MCX Crude Oil Tips
Resistance R1-3947 R2 – 3958.5
Supports S1-3921 S2 – 3912
Source :- BullionMCX.Com
Resistance R1-3947 R2 – 3958.5
Supports S1-3921 S2 – 3912
Source :- BullionMCX.Com