MONDAY
MORNING UPDATES
Mcx Crude Oil Updates
Crude oil prices have opened lower as the dollar strengthened and FOMC meeting later this week .
FED is expected to signal towards scaling down stimulus .
Mcx Crude oil currently trading at Rs 4261
Immediate resistance seen at Rs 5295
and supports at Rs 5240
Crude currently trading above $ 71
There has been a fall in the Hong kong markets
The FED outcome is weighing heavily on the market sentiment .
Levels in the MCX
Support 1 5236
Support 2 5220
Support 3 5190
Resistance 1 5290
Resistance 2 5320
Resistance 3 5260
We will keep updating the levels
