SUNDAY
WEEKLY UPDATE
Crude oil in mcx last week dropped from its peak 3850 levels to 3625 levels and shows a sharp
recovery on week end closing from its bottom 3670 levels to 3878 levels, over all trend
remains bullish for the week ahead supports for the commodity 3790 levels and resistance
at 3940,4000 and 4050 levels.
Weekly Call :
Buy Crude oil on dips between 3830 – 3865
with stops below 3760
for targets 3940, 4000 and 4050.
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