SUNDAY
WEEKLY UPDATE
Mcx Crude Oil last week jumped from 3120 to test high of 3333 and closed at
3281 levels, weekly levels trend looks positive but on daily charts last
trading session candle was closed in doji form if prices opens below the
close level then we expect further correction up to 3150 – 3100 levels
with strong resistance above 3350 levels, sell below 3275 and add
further on rises with stops above resistance for targets 3150 – 3100.
Weekly Call :
Sell Mcx Crude oil only below 3275
and add further on rises up to 3310
with SL above 3350
for targets 3150 – 3100.
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