CRUDE CMP BUY 5970 TARGET 6150...180 POINTS CRUDE strong buy zone now 5970 above
Bottom out now
Buy cmp 5970
Stoploss 5913
Target1.....6005.....35 points
Target2.....6050......80 points
Target3......6100......130 points
Final 6150................180 points
Disclaimer- This level only for educational purpose only. Do ur own analysis
Crudelong
CRUDEOIL next move of December expiry CRUDEOIL is in a range of 5900 to 5750 and creating cup & handle pattern, up side move is possible before December expiry as per chart analysis if not get any negetive news, keep and eye on levels.
I am not SEBI REGISTERED analist, This is my personal view only for education purpose.
CRUDE OIL FUTURES (MCX) we have seen good volatility in crude in last two week
as price was trending both sides
again there is CHOC in the 1h chart as price made the correction and came back towards the higher time frame demand
i am expecting a pullback or a retest towards the reversal of medium time frame
which is 6600
with sl 6500 below the higher time frame demand zone
( or you can sl as per your trading style, and risk management)
the target will be same highs but there will be pullbacks from the lower high m
Crude Oil Important levels !After a sharp decline yesterday, crude oil managed to bounce back from the support zone.
currently, crude oil broken out from trendline resistance as per hourly chart and sustained above the supply zone.
Next immediate resistance or expected targets on the upside are marked in red line on the chart.
Disclaimer: This is just a view and only for educational purpose. follow your own trading setup before initiating any trade.
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CRUDEOILAs crude oil is continuously moving in an undecisive manner, not giving many moves to go long now, we can see a good move from it.
the triangle breakout will give us a good long and short position in the upcoming weeks.
Levels that are holding the immediate support are 85.50 for the short-term period and 82.00 for the long-term period.
levels that are resisting the crude are 90.00 immediate resistance and 93.50 major resistance on the upper side.
Thus, the panic between OPEC+ , R









