Mtechtips CRUDEOIL MCX SELL AT 4660 STOPLOSS 4705 TGT 4585

Mtechtips CRUDEOIL MCX  intraday trading analysis 30-10-2012

crude oil nov future today closed at 4651 with loss.today after lower opening we seen buying and short covering on weak rupee but not sustained as nymex crude trading lower on caution of “sandy hurricane”.but weak rupee will remain lifting factor for domestic crude oil prices.today low of 4630 is intraday support while on upside 4660 and 4695 are major intraday resistances.

WWW.MTECHTIPS.COM

07489294118-119