 "Crude")
The MCX Crude Oil futures continue to trade with a negative bias, as the commodity trades below all its key moving averages. On the other hand, the Natural Gas futures has climbed above few of its moving averages and is seen testing resistance at its 100-DMA for the third time in little more than a month.
Crude Oil
Bias: Negative
Last close: Rs 6,275
Target: Rs 4,800
Support: Rs 5,850
Resistance: Rs 6,400
The MCX Crude Oil December futures have bounced back after testing support around the lower-end of the Bollinger Bands on the daily chart at Rs 5,850 level. Despite the pullback, the overall
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