Mcx Energy Updates : Crude Oil Trend Bearish Today



The Indian commodity Market crude oil trend Berish today Crude Oil closed marginally lower during the trading session on Friday. It is interesting to witness the moves in crude oil Down on Saturday, as markets are opened due to union budget.The prices settled at Rs 3034 per barrel against Rs 3055 per barrel a day before. Crude Oil tested a high of Rs 3082 and a low of Rs 3016 per barrel. The trading in Crude Oil can see upticks and consolidation with medium term supports at Rs 2980 per barrel. Decline towards Rs 3000 will act as supports in Crude Oil. Volumes were at 156557 lots on 27 Feb 2015 lots against 166031 on 26 Feb 2015.

Crude Oil Tips Today : Crude can find support near 3006-2912 while key resistance can be seen near 3072-3176 in Intraday Trend  .

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