Generally Commodities are having seasonal characteristics and it influence by supply and demand,knowing price movements as predictor for Market Trend.Market price Action due to History repeats itself that is Future price is the repetition of past prices.
The hundreds of years of financial markets data are the baseline of price movements and trend setting. The principle of technical analysis drive its way from the Past price movement data. In the days of Data science Historical data plays a vital role in determining in price movements in Market.
So, knowing Past trading data s helpful tool for predicting Future price movement. Its applicable for MCX Crude oil Commodity Trading too. Historical High s and lows are the Support & Resistances for the Future.MCX Crude oil Bhav copy very useful for finding MCX crude oil Support and Resistances.
MCX Crude Oil
Jan '2015 MCX Crude Oil High 3438
Jan '2015 MCX Crude oil Low 2720
Feb'2015 MCX Crude Oil High 3340
Feb'2015 MCX Crude Oil Low 2870
Mar'2015 MCX Crude Oil High 3368
Mar'2015 MCX Crude Oil Low 2643
Apr'2015 MCX Crude Oil High 3805
Apr'2015 MCX Crude Oil Low 2952
May'2015 MCX Crude Oil High 3989
May'2015 MCX Crude Oil Low 3625
Jan '2015 MCX Crude Oil High 3438
Jan '2015 MCX Crude oil Low 2720
Feb'2015 MCX Crude Oil High 3340
Feb'2015 MCX Crude Oil Low 2870
Mar'2015 MCX Crude Oil High 3368
Mar'2015 MCX Crude Oil Low 2643
Apr'2015 MCX Crude Oil High 3805
Apr'2015 MCX Crude Oil Low 2952
May'2015 MCX Crude Oil High 3989
May'2015 MCX Crude Oil Low 3625