Intraday MCX Crude Tips

mcx CRUDE-OIL5China’s poor GDP data has increased pressure on crude oil. China’s GDP growth in 2014 was 7.4 percent. At NYMAX crude oil has come close to $47 after falling 2.75%.

At MCX Crude oil traded near Rs 2900 with slight gain while Natural gas gained 1% traded near Rs 185.

Crude Tips: Buy MCX Crude oil 19 FEB 2015 (Future) above 2987 target 3013 stop loss 2976.

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