Mcx Crude oil last week moved from 2900 to test a high of
3110 levels and dropped back to close at 2978 levels, trend
for the commodity remains bearish for short term with strong
supports at 2900 – 2880 resistance for the commodity is at 3110
and 3150 levels, sell on rises is advisable.
Weekly Call :
Sell Mcx Crudeoil on rises between 3000 – 3030
with SL above 3110
for targets 2900 – 2880.
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