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MCX Crude oil may find support at Rs 6,400; Natural Gas could test Rs 227

On the upside, the Rs 6,700-odd level remains a major hurdle for Crude Oil futures; whereas, interim support for Natural Gas is placed at Rs 240.

Topics
Crude Oil Prices | Natural gas price | commodity trading

Rex Cano  |  Mumbai 



Oil, fossil fuel

The MCX Crude Oil futures continue to face resistance around the Rs 6,700 hurdle, a level it has been unable to conquer conclusively since mid-November. However, select momentum oscillators have now turned favourable, hence, the commodity could seek support at higher levels as it consolidates.

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First Published: Wed, January 25 2023. 10:11 IST

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