SUNDAY
WEEKLY UPDATE
Crude oil prices last week dropped to 2680 levels before contract expiry later
prices jumped on opening to 2880 levels and closed at 3000 levels
now prices is expected to trade bit positive with strong supports at 2900 levels
and resistance at 3130 levels,
trend for short term remains positive and is expected to test its resistance levels.
Weekly Call :
Buy Mcx crude oil between 2950 – 2985
with stops below 2880
for targets 3070 ,3100 and 3130. Mcx
