Can $MCX:CRUDEOIL1! will test 6950

Updated
Dear Followers,


I hope this message finds you well. I wanted to provide you with a brief update on the stock CRUDEOIL1! I have been monitoring.

It appears that the stock is approaching a potential resistance level Near 7280-7300 This is an important technical point where the price has historically had difficulty breaking through. It suggests that we may see a temporary halt in the current upward momentum and Possibly it will test 6900 In Downmove.


Resistance Levels to Watch out.

R1= 7250
R2=7320
R3=7380

Support Levels To Watchout.

S1= 7000
S2= 6900
S3= 6830


As always, please remember that investing involves risks, and it's important to carefully consider your options. If you have any questions or would like to discuss this further, please don't hesitate to reach out.

Best regards,
Ajay Metha
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