SUNDAY
WEEKLY UPDATE
Mcx Crude Oil last week dropped to 3218 levels and recovered back to 3377 levels
and closed at 3312 levels below last week close levels, immediate supports for
the commodity is at 3280 – 3270 levels, resistance for the commodity is at 3330
and 3350 levels, RSI for the commodity is at 69 levels, but turned below 9 days
moving average, which is an indicator for correction in the commodity.
Weekly Call :'
Sell Mcx Crude Oil 3310 – 3330
with SL above 3375
for target 3250 – 3210 levels.
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