possible shortwhole week spent in consolidation, now if it trade below 85 support, then a 2% drop could be there...by AlgotrickerUpdated 1110
📆 #Crudeoil Update - MCX | April 16 🔸Technical Analysis: Current Situation: Crude oil is approaching the critical support level at 7100. 🔸Scenarios: If the support at 7100 is breached, further downward movement is anticipated, with potential for lower levels. However, there's a possibility that crude oil could find support at this Longby Shalvisharma5114
#Crudeoil Update || APR 11 MCXHere are the key levels to watch: Bullish above 7190: If crude oil prices rise above the 7190 level, it indicates bullish momentum in the market. Bearish below 7100: Conversely, if prices fall below 7100, it suggests bearish sentiment taking hold. Traders and investors are closely monitoring theseLongby Shalvisharma5Updated 5
Crude Oil MCX Future Weekly Analysis for 15-19 April, 2024Crude Oil MCX 20 Apr Future Technical Chart Weekly Analysis! 📊 Range Point: 7187 📈 Weekly Range: 265 🎯 Buy Above: 7221 🎯 Average At: 7190 🎯 Buy Target 1: 7351 🎯 Buy Target 2: 7452 🛑 Buyer Stoploss: 7132 📉 Sale Below: 7158 🎯 Sale Target 1: 7023 🎯 Sale Target 2: 6922 🛑 Seller Stoploss: 7247 Don't by tradingmarcos114
📆 #Crudeoil Update MCX || April 15Technical Analysis: Price failed twice to breach 7322, forming a double-top pattern. Key neckline at 7057 suggests potential downtrend to 7000, unless breaking above 7330. Support at 7100 (Bearish) Resistance at 7170 (Bullish above) Market Insights: 🔸 Potential dip in oil prices below $90/barrel by Shalvisharma54
📆 #Crudeoil Update MCX || April 18Update :- 🔸Support at 6811, with a potential move towards the 7000 level for settlement. Long only above 6950-6960. 🔸Crude oil prices declined over 3% due to robust US oil supply & growing demand concerns. 🔸US crude inventories increased by 2.735 million barrels.Shortby Shalvisharma53
Crude Oil Prices Surge Amid Middle East Tensions and Demand ForeTechnical analysis suggests that crude oil prices may find support at $84.40 and face resistance at $87.30, with similar levels identified for Crude oil MCX prices. A recommended trading strategy involves selling on any uptick around $86.20, with a target price of $85 and a stop-loss order placed abShortby rajeshtatineni852
CrudeOil Alert! MCX 💥 Weekly 18 - 23Apr Timeframe: 4-hour ⏰ 🔍 Observing an intriguing D cup pattern emerging in crude oil. The alluring support beckons at 6726. Exciting times ahead! 💃🕺 Selling point at 6860 Target would be 6700 - 6680 (+150 -- +170 points)Shortby Shalvisharma53
CRUDEOIL Future Analysis Intraday Support level at 7180 and resistance level at 7296. 1st Support level : 7181 2nd support level : 708208:59by KaustavHazra1
Crude Oil : Strong Uptrendcrude oil is consolidating and heading to 7450. If it closes above 7825 for more than 3 days it will head towards 10000. Put Stoploss on closing basis. (In Trading Time it may go above/below stoploss But closing price is most important). These are levels are generated on the basis on Fibonacci SeLongby maneeshaggarwal1