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MTECHTIPS:-CRUDE OIL
Crude oil continued to trade in negative terrain and dipped below 5000 levels. Strong support in crude oil is seen below 4945 levels. Any dip below these levels will open up lower levels of 4880 and below. Crude oil will face strong intraday resistance above 5060 levels. Any move in the Crude oil above these levels will open up 5120 in coming days. Profit taking may continue in crude oil in coming sessions traders are advised to trade with caution.
Crude oil continued to trade in negative terrain and dipped below 5000 levels. Strong support in crude oil is seen below 4945 levels. Any dip below these levels will open up lower levels of 4880 and below. Crude oil will face strong intraday resistance above 5060 levels. Any move in the Crude oil above these levels will open up 5120 in coming days. Profit taking may continue in crude oil in coming sessions traders are advised to trade with caution.
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