MCX Crude Can Bounce Back From Lows

MCX Crude can always bounce back from the lows. It can take support around Rs 4,450-4,460 per barrel, where we have to buy with a stop loss below this week’s low of Rs 4,420 per barrel. It is expected that MCX Crude can again see the trade in the range of Rs 4,420- 4,575 per barrel and it can once again surge up to Rs 4,570-4,580 per barrel, where profits can be booked.