Nirmal Bang has come out with its short term technical report on Crude. According to the research firm one can sell MCX Crude on rise till Rs.5100-5200/Bbl for the target of Rs 4628/Bbl and Rs.4550/Bbl
Technical Scenario:
MCX Crude - the counter is likely to halt its bull run at Rs.5100-5200 its previous high which made in the month of Apr 2011, and take some reverse action till Rs.4628 and 4550 in the coming weeks.
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