Crude Oil Important levels to watch !!

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

#Support: 7385

Sell below: 7385 only on 15 minute candle closure below the level.
Target 1: 7320
Target 2: 7240

#Resistance: 7475

Buy Above: 7475 only on 15 minute candle closure Above the level.
Target 1: 7525
Target 2: 7580
Target 3: 7680

=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.

=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.

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#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.

marked levels are still intact, Wait for breakout or breakdown !!

the chart says it all... price reached exactly at target 1 after the break of support.

Just the way it was planned!!

crudeOil second Target Also achieved as planned !!

CrudeOil taking support at day low !

breakdown from which may further drag crudeoil towards 7190-7170
Trade closed: target reached:
all the targets on downside achieved.

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Disclaimer: All the Views are purely for educational purpose.