Crude Oil Futures
Long

ITC 1 Day View

21
๐Ÿ“‰ Key Support Levels (1H Timeframe)

โ‚น5,436.67 โ€“ Immediate support level.

โ‚น5,357.00 โ€“ Next support zone.

๐Ÿ“ˆ Key Resistance Levels (1H Timeframe)

โ‚น5,629.00 โ€“ Immediate resistance level.

โ‚น5,708.67 โ€“ Next resistance zone.

๐Ÿ” Technical Indicators (1H Chart)

RSI (14): 47.83 โ€“ Neutral, indicating no overbought or oversold conditions.

MACD: Slightly bearish, with a value of -0.07.

Stochastic RSI: 71.93 โ€“ Bullish, suggesting upward momentum.

Average True Range (ATR): 0.2464 โ€“ Indicates lower volatility.

Overall, the 1-hour chart shows a neutral to slightly bullish trend, with price action confined between โ‚น5,436.67 and โ‚น5,629.00. A breakout above โ‚น5,629.00 could target โ‚น5,708.67, while a drop below โ‚น5,436.67 may lead to retesting lower support levels.

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