CrudeOil Important Levels to watch !!

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

#Support: 7190

Sell below: 7190 only on 15 minute candle closure below the level.
Target 1: 7100
Target 2: 6970

#Resistance: 7300

Buy Above: 7300 only on 15 minute candle closure Above the level.
Target 1: 7370
Target 2: 7480

#Demand Zone: 7060-7090 may act as a immediate buying zone, and price may bounce from the region marked in green on the chart.

#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.

Follow us for more such information and educational ideas. Give it a like if you appreciate the idea. Queries will be answered in comment section.
Wait for 15 minutes candle to break, entries only on candle closing.

finally managed to break previous day High, boosting positive sentiment.

WhatsApp : 8766668446

Join Our free telegram channel for more detailed market views.

For Fully automated algo trading contact us:

Disclaimer: All the Views are purely for educational purpose.