MCX Crude oil futures are witnessing very tight movement today after a continued spate of losses in last few days. Two critical thresholds are emerging for the intraday price action today. The counter is edging up near its 20 hour moving average, currently placed at 7689 and a break above could push it near the upper Bollinger Band at 7689. A break below the previous closing price of 7559 could open up the floodgates to the previous low near Rs 7420 per barrel. However, there is a slight pick-up in volumes today and hourly charts are showing an upward bias.
Powered by Commodity Insights
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2025, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
