MCX CRUDE (21 May 12) – Crude opened unchanged at 5175 level. It moved lower to touch an intra-day low of 54272. However, it managed to bounce back and move higher. It touched an intraday high of 55290. It ended the day with moderate gains to close at 5213. The…
Crude opened lower at 5337 level. It moved higher to touch an intra-day high of 5359. However, it failed to sustain higher. It moved lower to touch an intra day low of 5306. It ended the day unchanged to close at 5341. The RSI and the Stochastic are placed below…
Crude opened higher at 53524 level. It moved higher to touch an intra-day high of 5355. However, it failed to sustain higher. It moved lower to touch an intra day low of 5345. It ended the day flat to close at 5348. The RSI has slipped below its average, which…
Crude opened higher at 5352 level. It moved lower to touch an intra-day low of 5328. However, it managed to move higher. It touched an intra day high of 5385. It ended the day with moderate gains to close at 5356. The RSI has moved above its average, which would…
Crude opened lower at 5241 level. It moved lower to touch an intra-day low of 5227. However, it managed to move higher and touched an intra-day high of 5293. It ended the day with moderate gains to close at 5280. The RSI is placed above its average, which would lead…
Crude opened higher at 5226 level. Incidentally, this was also the lowest price for the day. However, it managed to bounce back from lower levels. It moved higher to touch an intra-day high of 5274. It ended the day with modest gains to close at 5243. The RSI is placed…
Crude opened lower at 5209 level. Itmoved lower to touch an intra-day low of 56242. However, it managed a bounce back from lower levels. It moved higher to touch an intra-day high of 5240. It ended the day with marginal gains to close at 5219. The RSI is placed above…
MCX Silver faces resistance at 57400, 57834, 58480 and 61708, while the supports are placed at 54671, 53170 and 51366 levels. MCX CRUDE (MARCH 12) – Crude opened higher at 5188 level. Incidentally, this was the lowest price for the day. It moved higher to touch an intra-day high of…
Crude opened unchanged at 5016 level. It moved lower to touch an intra-day low of 5011. However, it managed to move higher and it touched an intra-day high of 5076. It ended the day with moderate gains to close at 5061. The RSI and Stochastic are placed above their respective…
Crude opened higher at 4929 level. It moved lower to touch an intra-day low of 4901. However, it managed a bounce back from lower levels. It touched an intra-day high of 4964. It ended the day with moderate gains to close at 4953. The RSI is placed above its average,…
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