SUNDAY
WEEKLY UPDATE
Mcx Crude oil prices last week dopped from 3250 levels to 3050 levels strong supports
for the commodity is now at 3000 levels, any break below 3000 will have a correction
up to 2900 to 2850 levels, trend for the commodity remains bearish and we expect prices
to test above said levels with strong resistance above 3150 levels.
Weekly Call :
Mcx Sell crude oil or crude oil mini on a breakdown below 3000
and add further up to 3050 levels
with stops above 3150
for targets 2900 and 2850.