Commodity Plus
MCX Crude Oil JuLy Contact Likely to trade up by 1.05 per cent to 3847 levels on tuesday.
In The International market Crude prices last day had some significant gains.However In the Indian Market it remained flat.
WTI ended up at $60.38/ barrel gaining 0.68%, whereas Brent on the other hand gained 0.51% ending up at $63.34/ barrel for the August contract respectively.
As per Today's Market outlook The Crude oil is in long- medium- term bull phase.and forShort term and intraday trend for MCX Crude Oil July contract is likely to be sideways with low volatality so Expert advice short term investor better to buy.
Today Support Level For MCX Crude
Support-3815/3750
Resistance-3888.80/3920
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