Crude is nearing a very important zone here, Looking at last year's profile, we are appearing near a crucial low volume node ( marked in red zone).we should
1. either have a breakthrough the zone, then we are looking for a serious uptrend here or
2. look for a failure and a reversal from this area back into this years volume areas.
MCX (Multi commodity exchange) is regulatory body of commodity market and commodity like base metals, valuable metals, oil,crude oil and gas are exchanged on it. Most effectively traded product over the MCX is gold and crude oil as all things considered of it are profoundly fluid in nature.Like other trade MCX has its opening and shutting time between which...