TRADING HUB - CRUDE OIL

Trends	S1	S2	R1	R2	BY
Bullish April 2020	1840.00	1460.00	1995.00	2110.00	Geojit
Bearish April 2020	1560.00	1501.00	1668.00	1727.00	Monarch
Sideways April 2020	1561.00	1502.00	1669.00	1718.00	Geojit
Bearish April 2020	1561.00	1502.00	1635.00	1718.00	SSJ Finance
Sideways April 2020	1561.00	1502.00	1669.00	1718.00	WAY2WEALTH

CRUDE OIL OUTLOOK

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MCX Crude Oil under fresh selling; Resistance seen at 1787

Technically Crude Oil market is under fresh selling as market has witnessed gain in open interest by 13.78% to settled at 26026 while prices down

MCX Crude Oil under fresh selling; Support seen at 1732

Technically Crude Oil market is under fresh selling as market has witnessed gain in open interest by 30.63% to settled at 22874 while prices down

MCX Crude Oil under short covering; Support seen at 1872

Technically Crude Oil market is under short covering as market has witnessed drop in open interest by 3.79% to settled at 17511 while prices up 8

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CRUDEOIL MCX 18 May 20	LTP 2260	343% Change
CRUDEOIL MCX 19 Jun 20	LTP 2397	268% Change
CRUDEOIL MCX 20 Jul 20	LTP 2583	0% Change
CRUDEOIL MCX 19 Aug 20	LTP 2900	0% Change