Tuesday, January 18, 2011

Mcx Crude Oil Tips

Last dealing time raw oil sustain at 4090.00 stage above so indicate favorable in industry and 4120.00 stage above up part touching at 4225.00 stage and corner above 4350.00 stage touching at industry coming dealing days so properly dealing in this reverse because near time greater variety time at this reverse ....

COMEX CRUDEOIL:-  Regular dealing variety at  pattern  up part level of resistance at 97.00$ sustain above this stage touching at 98.40$ but sustain above 94.70$ stage and sustain below this stage bearish method in industry and low part assistance at 93.32$ and next assistance at 91.00$ ..

In order to avoid cost increases, Petrofed, an oil and gas industry body comprising state-run companies like Native indian Oil Corp (IOC) and private industry gamers such as Dependancy Businesses, has requested the govt to reduce the traditions or transfer work on raw oil to zero from 5 % at present.

Crude Hand Oil (CPO) is dealing greater later on business these days as investors created fresh opportunities on desires of a development of home need. At MCX upcoming, CPO for Jan agreement is dealing at Rs 544.80, up by 0.31 %, CPO for Feb agreement is dealing at Rs 551.50, up by 0.46 % and CPO for Goal agreement is dealing at Rs 555.1, up by 0.43. (At 11:39 A.M today)

On the home area, at MCX upcoming, Crude Oil for Jan agreement is dealing at Rs 4,151.00 against Past near cost of Rs 4,163.00 (down by 0.29%). (At 11:30 A.M today)

Crude Oil is dealing lower later on business these days as investors offloaded their opportunities on the back of a decline international pattern. At MCX upcoming, Crude Oil for Jan agreement is dealing at Rs 4,147.00, down by 0.38 %, Crude Oil for Feb agreement is dealing at Rs 4,217.00, down by 0.31 and Crude Oil for Goal agreement is dealing at Rs 4,285.00, down by 0.19 %. (At 3:02 P.M today)

On the home area, at MCX upcoming, Crude Oil for Jan agreement is dealing at Rs 4,155.00 against Past near cost of Rs 4,163.00 (down by 0.19%). (At 5:29 P.M today)

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