Once brent crude made
a high 80 $ selling pressure seen and resulted our market also decline. As now,
short term resistance established 5100-5150 and as long as remain below good
selling opportunity and till not sustained above 5100 do not thin to buy side. Over all looks short term top have been made
in Crude.
Some Technical Indicators:
R A N G E
|
High
|
Low
|
Close
|
5 DMA
|
10 DMA
|
50 DMA
|
100 DMA
|
200 DMA
|
|
Last
Week Range - MCX
|
5140
|
4888
|
4950
|
4983
|
4964
|
4805
|
4743
|
4392
|
|
52
Week Range - MCX
|
4947
|
4097
|
|
|
||||
|
52 Week
Range COMEX
|
80.50
|
54.82
|
78.11
|
78.49
|
77.94
|
74.96
|
75.68
|
77.64
|
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