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pradipandsuvra

Crude Oil (MCX): Wednesday - 08/12/22

Short
Crude Oil Futures (MCX:CRUDEOIL1!)  
pradipandsuvra  
MCX:CRUDEOIL1!   Crude Oil Futures
Trend Analysis MCX mcxcrude
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trendanalysis mcx mcxcrude
Support: 6080, 6000
Resistance: 6150, 6250, 6350


View: Sell on rise. Too much call Open Interest addition is seen.
Now where to sell (on rise)? 6250-6275 is perfect level to short. Next is 6350 level.

OI Data:
Call writing are havoc. 6100 (2.8K), 6200 (3.5K), 6300 (4.1K), 6400 (4.6K), 6500 (8.1K).
Put writing: 6100 (2.5K), 6000 (3,5K)

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