Chart currently at medium term support which earlier was resistance on the charts. Refer long term chart for better understanding. Expecting some upmove as it's breaking the downward channel and trying to move up. First week will move up for few percent then retracement of the chart and then expecting some breakout move of 674 - 770 With base 534 - 594. Volume to play some role as well as the crude prices.
No recommendations, just my view based on the charts.