SUNDAY
WEEKLY UPDATE
Mcx Crude oil prices were trading in the range between 3500 to 3700 for last three
days and has taken strong supports at 3540 levels, resistance for the commodity
is at 3675 levels, either break will give next short term rally, but for the
current week we maintain bull view for the commodity that too only after a
breakout above 3680 levels.
Weekly Call :
High Risk Traders Buy crude oil only above 3680
and add further on dips up to 3630 levels
with stops below 3540
for targets 3780 and 3820.
Buy Crude Oil between 3590 -3620
with stops below 3540
for targets 3680 3720 and 3750.
