Crude Oil FuturesShort
Crude Oil (MCX): Wednesday - 06/12/22
Supports: 6300, 6250, 6050
Resistance: 6400, 6500, 6650, 6775
OI Data: From 6400 to 6600: 13K calls are sitting. Definitely bearish. 6500 has 5.2K calls sitting.
Max PUT (hence support) is at: 6000.
So the level has shifted downward .. 6500-6000.
Resistance: 6400, 6500, 6650, 6775
OI Data: From 6400 to 6600: 13K calls are sitting. Definitely bearish. 6500 has 5.2K calls sitting.
Max PUT (hence support) is at: 6000.
So the level has shifted downward .. 6500-6000.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.