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MTECHTIPS:-CRUDEOIL
Crude oil again sustained around the 4700 levels and the commodity closed around lower levels. Crude oil has support at lower levels around 4620 any dip below these levels will open up the levels of 4570 levels. Crude oil will face strong intraday resistance above 4760 levels. Any move in the Crude oil above these levels will open up 4850 levels. The commodity has broken the crucial support of 4800, and if breaches 4600 levels we may soon witness 4400 levels.
Crude oil again sustained around the 4700 levels and the commodity closed around lower levels. Crude oil has support at lower levels around 4620 any dip below these levels will open up the levels of 4570 levels. Crude oil will face strong intraday resistance above 4760 levels. Any move in the Crude oil above these levels will open up 4850 levels. The commodity has broken the crucial support of 4800, and if breaches 4600 levels we may soon witness 4400 levels.
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