CLOSING COMMENTARY FOR JULY 31 FRIDAY

Crude prices seen huge volatality in MCX. Prices

corrected till 3140 levels and rebounded again. Strong

res seen around 3270 - 3300. A close above 3250 seems

trend upwards again till 3350 lvels. A close above

3300 - 3330 on weekly basis is bullish.

Wait for confirmation for this levels.