Nifty may resume up trend; BUY MAS Finance, GMM Pfaudler, says Vinay Rajani
NTPC, Tata Motors: Analysts bet on renewable energy stocks for long-haul
Business Standard
Web Exclusive

MCX Crude Oil futures likely to consolidate, Rs 6,200 seen as major support

On the upside, the MCX Crude Oil December futures can test Rs 7,200 to Rs 7,400 levels during the consolidation phase.

Topics
Crude Oil Price | Natural gas price | commodity trading

Rex Cano  |  Mumbai 



Oil trade

The MCX Crude Oil December futures were seen testing the key support at its 100-WMA in the recent fall. As long as the support at 100-WMA stands, the energy-based commodity could consolidate with a possibility of testing Rs 7,200 - Rs 7,400 on the upside.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Wed, November 23 2022. 09:29 IST

RECOMMENDED FOR YOU

.