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 '2016 MCX Crude Oil High 2566
Jan '2016 MCX Crude oil Low 1902
Feb'2016 MCX Crude Oil High 2396
Feb'2016 MCX Crude Oil Low 1805
Mar'2016 MCX Crude Oil High 2805
Mar'2016 MCX Crude Oil Low 2280
Apr'2016 MCX Crude Oil High 3115
Apr'2016 MCX Crude Oil Low 2355
May'2016 MCX Crude Oil High 3442
May'2016 MCX Crude Oil Low 2884
Jan '2016 MCX Crude Oil High 2566
Jan '2016 MCX Crude oil Low 1902
Feb'2016 MCX Crude Oil High 2396
Feb'2016 MCX Crude Oil Low 1805
Mar'2016 MCX Crude Oil High 2805
Mar'2016 MCX Crude Oil Low 2280
Apr'2016 MCX Crude Oil High 3115
Apr'2016 MCX Crude Oil Low 2355
May'2016 MCX Crude Oil High 3442
May'2016 MCX Crude Oil Low 2884