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MTECHTIPS:-CRUDE OIL
Crude oil witnessed some profit taking after rally in the last few sessions. Strong weekly support in crude oil is seen below 5480 levels. Any dip below these levels will open up lower levels of 5440 and below. Crude oil will face strong weekly resistance above 5600 levels. Any move in the Crude oil above these levels will open up 5660 in coming days. The outlook is positive in crude oil.
Crude oil witnessed some profit taking after rally in the last few sessions. Strong weekly support in crude oil is seen below 5480 levels. Any dip below these levels will open up lower levels of 5440 and below. Crude oil will face strong weekly resistance above 5600 levels. Any move in the Crude oil above these levels will open up 5660 in coming days. The outlook is positive in crude oil.
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