SUNDAY
WEEKLY UPDATE
Mcx Crude oil last week was fully trading in the range between 3900 – 3700 with 3900
as resistance and 3700 as supports but closed at 3825 levels, we expect prices to correct
further from the current levels to test 3700 levels, sell at current levels and on rises
is the best bet for the said target.
Weekly Call :
Sell Crude oil or Crude oil mini at current levels 3825
and on rises up to 3860
with stops 3920 for target 3730//
any close below 3730 add further shorts for targets 3670 and 3630.
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