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Bias for MCX Crude Oil still negative; Natural Gas seeks support at 100-DMA

The MCX Crude Oil September futures may trade in a broad range of Rs 6,550 to Rs 7,150 this week. MCX Natural Gas futures seem to be finding support around the 100-DMA.

Topics
Crude Oil Price | Natural gas price | Market trends

Rex Cano  |  Mumbai 



crude oil
Photo: Bloomberg

The bias for MCX Crude Oil September futures is likely to remain negative as long as the contract trades below Rs 7,150-level. Meanwhile, the Natural Gas futures are seen taking support around the 100-DMA for now.

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First Published: Wed, September 14 2022. 09:42 IST

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