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MTECHTIPS:-CRUDE OIL
Crude oil witnessed some buying in yesterday’s session as the commodity gained strongly yesterday with low volumes. The commodity has support at lower levels around 5040.any sustained dip below these levels will open up the levels of 4940levels. Crude oil will face strong intraday resistance above 5150levels. Any move in the Crude oil above these levels will open up 5240 levels.
Crude oil witnessed some buying in yesterday’s session as the commodity gained strongly yesterday with low volumes. The commodity has support at lower levels around 5040.any sustained dip below these levels will open up the levels of 4940levels. Crude oil will face strong intraday resistance above 5150levels. Any move in the Crude oil above these levels will open up 5240 levels.
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