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MTECHTIPS:-CRUDE OIL
Crude oil continued to trade in negative terrain and dipped below 5050 levels. Strong support in crude oil is seen below 5000 levels. Any dip below these levels will open up lower levels of 4960 and below. Crude oil will face strong intraday resistance above 5120 levels. Any move in the Crude oil above these levels will open up 5240 in coming days. Profit taking may continue in crude oil in coming sessions.
Crude oil continued to trade in negative terrain and dipped below 5050 levels. Strong support in crude oil is seen below 5000 levels. Any dip below these levels will open up lower levels of 4960 and below. Crude oil will face strong intraday resistance above 5120 levels. Any move in the Crude oil above these levels will open up 5240 in coming days. Profit taking may continue in crude oil in coming sessions.
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