CRUDEOIL MCX -

Aug 21, 2023

If doesn't cross above 7000 level and closes with strong volume in remaining august series ,then might see fall up to 6000 levels in coming weeks .forming a ascending triangle .might possible go for a third touch correction towards rising trend line .

Aug 23, 2023

Note

todays low touched 6427 . for crude 6400 is important level from closing below will trigger downside up to 6200 and more before that i think might consolidate in 6600-6400 level before fresh downside momentum .