InvestyourAsset

Crude Oil important levels to watch

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

#SUPPORT: 6500
#RESISTANCE:6600

#buy above 6600 with a strict trailing Stoploss as per your risk appetite. Expected targets mentioned below:
Target 1: 6690
Target 2: 6810


#Sell Below 6500 with a strict trailing stoploss as per your risk appetite. Expected targets mentioned below:
Target 1: 6450
Target 2: 6290


Please note that each targets may act as a support and resistance so trade accordingly. Also, this is only an educational idea and not a buy or sell recommendation please follow your own trade setup before initiating any trade.


Follow us for more such information and give it a like if you appreciate the idea.
Queries will be answered in the comment section.
Comment:
resistance breakout !! ...Trying to break the hurdle at 6620. keep trailing your stoploss.
Comment:
close to our first target level !!
Comment:
Target 1 achieved !!!


Follow us for more such information daily.
Trade closed: target reached

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.