CRUDE OIL UPDATES FOR SEPT 11 2016

SUNDAY



WEEKLY UPDATE

Mcx Crude Oil after a long consolidation near 2900 – 2950 levels

 prices has given a sharp rally up to 3170 levels and dropped

 back to close at 3080 levels, trend for the commodity remains 

bullish and we expect prices to move back once again to 3200 – 3300 

levels with strong supports below 2965 levels, buy on dips is advisable.

Weekly Call :

Buy Mcx Crude Oil between 3040 – 3060

 with SL below 2965

 for targets 3170 – 3220.

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