Crude Oil MCX Future - Intraday Technical Analysis - 24 Oct., 25

$MCX:CRUDEOIL — Chart Pathik Insights | 24-Oct-25

Crude Oil remains active in a tight trading band, currently oscillating near 5,433 with price action revolving just below the key zero line at 5,437. The recent upward spike has given way to a phase of measured consolidation, with traders watching closely for a decisive breakout or breakdown.

Bearish Outlook
Short setups are actionable below 5,282, especially if sellers press the market past the recent base.

Downside Levels:
5,244: Primary level for short covering or scaling out partials.
5,124: Major extension if accelerated selling takes hold.

Risk Control: Shorts should be managed tightly above 5,319, with a preference to cover if the market springs upward and reclaims lost territory.

Bullish Outlook
Longs may be considered above 5,355, with further confidence if Crude Oil sustains a push through the 5,386 exit and aims for the upside objectives.

Upside Levels:
5,630: The first resistance/target for trend traders.
5,750: Ambitious extension if the rally broadens.

Risk Control: Guard long trades near 5,319 or 5,282, according to your risk profile and entry pace.

Neutral/Choppy Bias
The 5,437 zero line is the day’s median—if price continues to hover here, expect range-bound trading until the market picks its next strong direction.

Use these levels for tactical entries, disciplined holds, and methodical exits across both swing and intraday timeframes.
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