CLOSING COMMENTARY FOR SEPT 17 THURSDAY

Crudeoil prices as expected continue its bull trend

till 3500 + . Prices have very strong res of around

3500 and hope could close below that. Prices could

correct a bit below 3500 levels . A negative news

could bring prices more downside again. till 3400

levels. Overall a close above 3500 - 3520 is only

positive till 3600.

Strong sup seen around 3440 levels.