Mtechtips CRUDEOIL MCX BUY AT DIP 4840 SL 4760 TGT 4930 TGT 5030

Mtechtips CRUDEOIL MCX  intraday trading analysis 10-10-2012

Mcx crude oil oct future today rallied 4% + on geo political tension. and technically also on daily and weekly chart given technical bounce back after last big fall. we already given this in weekly analysis.4980 is target of this technical bounce back. today closed at 4879 and 4840 will be moving support and expect 4980 tomorrow.

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