Crude oil again came under pressure. Declining trend in domestic and international markets. Actually in US Crude oil reserves has increased 13 million barrels. Gold man Sachs forecast to remain presure in crude oil prices in first half of this year.
At MCX Crude Oil February future traded at 2823.00 down 0.70%.
Sell MCX Crude Oil February future below 2822 target 2799.66 stop loss 2837.00.
Sell MCX Gold February future below 27850 target 27728 stop loss 27954.