April futures Crude Oil prices traded lower and after making a low of 3643 it settled at 3657 levels.

Market is expected to move down further and the next support can be seen at 3600 levels.

However, a mild higher correction can be expected having resistance at 3670-3680 levels.

We expect crude oil to trade lower and recommend selling for the day.

MCX Crude Oil: Sell April at 3650/3652 TP 3605 SL 3675

Courtesy: Karvy Commtrade Ltd.

Exclusive and reserved reports now open to public

Post your comment  (0)

Connect:

Post to Twitter

Post to Facebook