The MCX Crude Oil futures wiped out four days rally in yesterday's trade and slipped into the negative zone. On Tuesday, the energy futures tested a low of Rs 4,622, before settling with a loss of 2.3 per cent to Rs 4,641 on account of profit-booking.
As per the daily charts, MCX Crude Oil futures are bearish below its price-to-moving averages like - 20-DMA (Rs 4,775), 50-DMA (Rs 5,153) and 200-DMA (Rs 5,862).
BULLION
Gold February and Silver March 2015 contracts are marginally up in early morning session at $ 1,199 and $ 16.638, respectively.Platinum January delivery has moved down 0.3 per cent at $ 1,220.25.
ENERGY
Crude Oil January future has declined 0.3 per cent at $ 73.89.Brent Oil and Natural Gas January series are up 0.15 per cent each at $ 78.23 and $ 4.442, respectively.
BASE METAL
Copper March expiry is up 0.2 per cent at $ 2.973.
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