Friday, 28 November 2014

crude oil tips on mcx commodity, copper and nickel update today


crude oil fail more than 0.5% open at 4250 and made low of day at 4228, traded at 4269 , after OPEC decision crude fail from upper range.

Intraday trader can sell mcx copper above 4270 target 4240/4220 then 4200 stoploss 4295,
mcx copper and nickel also looked in under pressure due to expiry today, February contact positive trend for copper
buy at 400 target 405/408/412 stoploss 397


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  2. Crude oil trading range for the day is 4093-4407.Crude oil prices dropped after the Organization of the Petroleum Exporting Countries decided not to cut output as depicted by Epic research.

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