Crude Oil (MCX): Monday - 26/12/22
Levels:
Support: 6600-6650, 6500, 6475, 6375
Resistance: 6775, 6850, 7000
OI Data (17th Jan Expiry):
Nearest Major Resistance in Crude per OI data: 6500
Nearest Major Support in Crude per IO data: 6500
Trade setup:
Trade setup:
1. Looking at the OI data, most crutial range is: 6500
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 6700 | 6650 | 6775| 6825
-----------------------------------------
SELL | < 6600 | 6650 | 6550 |6500
+++++++++++++++++++++++++++++++++++++++++
Support: 6600-6650, 6500, 6475, 6375
Resistance: 6775, 6850, 7000
OI Data (17th Jan Expiry):
Nearest Major Resistance in Crude per OI data: 6500
Nearest Major Support in Crude per IO data: 6500
Trade setup:
Trade setup:
1. Looking at the OI data, most crutial range is: 6500
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 6700 | 6650 | 6775| 6825
-----------------------------------------
SELL | < 6600 | 6650 | 6550 |6500
+++++++++++++++++++++++++++++++++++++++++
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