Crudeoil- Buy
Technically, the crude oil market is under fresh selling pressure, with a significant 55.54% increase in open interest to settle at 4699. Prices have dropped by 234 rupees. Crude oil is currently finding support at 6537, and a breach below this level could see prices testing 6462. On the upside, resistance is expected at 6750, and a move above this level could push prices to 6888.
Note
exit at breakeven. Overnight riskTrade closed manually
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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.