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Uptrend in Crude oil capped at Rs 6,760; Pivot for Natural Gas at Rs 285

In case Rs 285 holds, Natural Gas futures can potentially rally to Rs 344.

Topics
Crude Oil Prices | Natural gas price | Commodity derivatives

Rex Cano  |  Mumbai 



markets, stock market, brokers, brokerages, sensex, correction, nifty, shares, growth, profit, economy, gain

The MCX Crude Oil futures have pulled back above the 50-DMA after almost two months, sustained trade above the same is the key for further strength. Given the current chart set-up, the commodity is likely to face considerable resistance around the 100-DMA at Rs 6,740 level.

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First Published: Wed, January 18 2023. 10:11 IST

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