InvestyourAsset

Crude Oil important levels to watch

InvestyourAsset Updated   
MCX:CRUDEOIL1!   Crude Oil Futures
Crude Oil important levels to watch are as follows

#SUPPORT: 6500
#RESISTANCE:6600

#buy above 6600 with a strict trailing Stoploss as per your risk appetite. Expected targets mentioned below:
Target 1: 6690
Target 2: 6810


#Sell Below 6500 with a strict trailing stoploss as per your risk appetite. Expected targets mentioned below:
Target 1: 6450
Target 2: 6290


Please note that each targets may act as a support and resistance so trade accordingly. Also, this is only an educational idea and not a buy or sell recommendation please follow your own trade setup before initiating any trade.


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Comment:
resistance breakout !! ...Trying to break the hurdle at 6620. keep trailing your stoploss.
Comment:
close to our first target level !!
Comment:
Target 1 achieved !!!


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Trade closed: target reached