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Uppada_Raghukumar
Nov 28, 2022 12:48 PM

Market Recession indication - for education purpose only. 

Crude Oil FuturesMCX

Description

Alert and Caution:

Crude oil broke its low level 6240 (INR) .. heading to reach low 4700 (INR) levels before 26th Dec 2022. Indicating recession phase started in sluggish Industrial and Manufacturing sectors,,, Indicating No demand for New Products due to Global Inflation impact.

All global markets will follow downward move along with Crude Oil fall till end of this year i.e., 26th Dec 2022.

Disclaimer: this information is shared for education and analysis only not for trading
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