Last
week, a rise in crude oil has today brakes. However, despite the
decline of two per cent Brent still above 35 dollar,
while Nymex crude has come down to 33 dollar.
The sharp decline in China's manufacturing data, while South
Korea's exports fell at the 2009 level. The Asian countries have
deepened fears of a slowdown in the economy.
By the Support of international Market MCX Crude oil also Seeing Red Signal, Currently it is trading
around 2,250. And We are Expected Crude may fall around 2,100 level
again.
@@ All trader can Sell MCX Crude
oil around 2,300 to 2,250 for february contract targets 2,100 with in
Stop Loss 2351.
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