Sunday, January 22, 2012

NIFTY NEXT- CRUDEOIL-I Weekly Target For 23-28 Jan 2012

CRUDEOIL-I ended at ` 4979 with a fall of -1.30% with formation of a Black Opening Marubozu Candle on Daily price Chart at MCX on 21 Jan 2012.. As per Technical Price Chart, CRUDEOIL-I  has formed a Bearish Trading Pattern. CRUDEOIL-I has now strong support at `4952.If Broken then it may slide to `4805. CRUDEOIL-I has now Strong Resistance at `5069 for the week 23-28 Jan 2012.

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