Crudeoil consolidating in range after a sharp fall in recent days , however 6600 is an immediate support level - Swastika Investmart
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DAILY COMMODITY MARKET UPDATES
NEWS IN HEADLINE
* Indian archers bag five gold, three silver, one bronze in Asia Cup
* Reduce customs duty on critical raw material for aluminium sector: Assocham
* Natural gas prices hit 2-month low as U.S. heating demand data disappoints
CHART OF THE DAY
CRIDEOIL: CRUDEOIL consolidating in range after a sharp fall in recent days , however 6600 is an immediate support level and 6640 is immediate resistance level . While above 6640 lead further strength towards 6680-6700 zone.
OUTLOOK:
* Bullion: Day trend is indicating to Sideways in Gold &Silver.
* Energy: Day trend is indicating Sideways in Crude oil & Natural gas
* Base metals: Day trend is indicating Sideways in all base metals.
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