Wednesday, September 19, 2018

Crude Oil – Sept 5061


 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.   Higher level be cautious.
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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