Mcx Crude Thursday close is near resistance level of downward trend line. Close above 3960 in coming days may give bounce of around 250 points. If closed below 3900 on the other hand may touch 3600 levels. Watch 3900-3960 levels very closely.
Sunday, August 28, 2011
MCX CRUDE
Mcx Crude Thursday close is near resistance level of downward trend line. Close above 3960 in coming days may give bounce of around 250 points. If closed below 3900 on the other hand may touch 3600 levels. Watch 3900-3960 levels very closely.
Dollar Rupee
Rupee may depreciate in near term and may go up to 48 if goes above 46.35. If it further brakes above 48 may go to 50+ level. If gone below 45, Solid support at 43.80 level. If Breached may go 42 levels. Chances of touching 48 level are more likely.
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