The MCX Crude Oil March futures are hovering between the 20-50-DMAs on the daily charts for the past two trading sessions.
Yesterday, the energy futures tested a low of Rs 3,083, before settling with a loss of 0.3 per cent (Rs 11) at Rs 3,138 after two day rally.
On the higher side, the commodity is expected to face resistance around 3,379-odd level - which is the higher-end of the Bollinger Band.
MCX Copper April expiry contract has been in a volatile trajectory this week.
The prices, which were trading higher in last two days ended on a lower note and reached the important support levels during the day.
Copper ended the day below Rs 370 per kg, and settled the day at Rs 366.65 per kg.
The prices tested a high of Rs 371.5 per kg which was its opening high.
The low for April expiry contract was at Rs 363.75 per kg.
Yesterday, the energy futures tested a low of Rs 3,083, before settling with a loss of 0.3 per cent (Rs 11) at Rs 3,138 after two day rally.
On the higher side, the commodity is expected to face resistance around 3,379-odd level - which is the higher-end of the Bollinger Band.
MCX Copper April expiry contract has been in a volatile trajectory this week.
The prices, which were trading higher in last two days ended on a lower note and reached the important support levels during the day.
Copper ended the day below Rs 370 per kg, and settled the day at Rs 366.65 per kg.
The prices tested a high of Rs 371.5 per kg which was its opening high.
The low for April expiry contract was at Rs 363.75 per kg.
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