Oil Dips after Buildup in Oil Inventories - Swastika Investmart
News in headlines:
* Oil Dips after Buildup in Oil Inventories
* China state planner conducts 'clean up' of illegal coal storage sites
* Oil falls after increases in U.S.crude, fuel stockpiles
Chart of the day:
SILVER: SILVER it consolidating after a bull run but now there are some signal of weakness as of now where 64300-64400 are immediate support levels. On the upside it has an intraday hurdle at 65600- 65500 levels.
Technical View:
* Bullion: Day trend is indicating sideways to upside move in Gold and Silver.
* Energy: Day trend is indicating sideways to upside in Crude oil & Natural gas.
* Base metals: Day trend in base metal is indicating sideways.
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