Crude Oil MCX Future - Intraday Technical Analysis - 25 Sept. 25

CRUDEOIL1!

Crude Oil is consolidating at 5,773 after an extended rally, now testing key resistance in the neutral zone.

Bullish Scenario (Long Logic)
Long Entry (5,724):

Enter long above 5,724 as the breakout confirms strength above previous resistance-turned-support and continues the higher low structure seen in recent hours.

Add further positions near 5,706 on pullbacks with rising trend confirmation.

Upside Targets:

5,871 (Target 1): Marks the first major supply area and likely point of profit booking if momentum sustains.

5,930 (Target 2): Final mapped extension, corresponding to recent session highs and an upper channel resistance.

Stop Loss:

Place below 5,706 or tighten to 5,688 to minimize downside on failed break below intraday support.

Bearish Scenario (Short Logic)
Short Entry (5,688):

Enter short under 5,688 as it confirms a breakdown below key support with a lower low setup.

Downside Targets:

5,681 (Target 1): Previous bounce region, often a short-term reversal or covering spot.

5,622 (Target 2): Deeper demand, potential extension if selling pressure accelerates.

Stop Loss:

Cover shorts above 5,724 as that signals failed breakdown and likely reversal.

Neutral/Structure Logic
Neutral Zone (5,776):

Price here indicates indecision; best to avoid fresh positions until a decisive breakout or breakdown.

Sustained close above means bulls remain in control; below 5,724 means a retracement setup is active.

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