SUNDAY
WEEKLY UPDATE
Mcx Crude oil last week dropped from 4900 levels to test 4690 levels and then
bounced back to close at 4865 levels on week end . Now for the week ahead we
expect a choppy trade that is range bound trade between 4950 to 4700 levels,
either break will give next move till then range bound trade is expected.
Weekly Call :
Wait for fresh Entries (or )
High risk traders can sell crude between 4920 – 4950
with stops above 5030
for targets 4820 , 4750 and 4700.
