InvestyourAsset

Crude Oil important levels to watch

InvestyourAsset Updated   
MCX:CRUDEOIL1!   Crude Oil Futures
Crude Oil important levels to watch are as follows

#SUPPORT: 6670
#RESISTANCE: 6720

#buy above 6720 with a strict trailing Stoploss as per your risk appetite. Expected targets mentioned below:
Target 1: 6755
Target 2: 6800-6810


#Sell Below 6670 with a strict trailing stoploss as per your risk appetite. Expected targets mentioned below:
Target 1: 6620-6600
Target 2: 6540


Please note that each targets may act as a support and resistance so trade accordingly. Also, this is only an educational idea and not a buy or sell recommendation please follow your own trade setup before initiating any trade.

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Comment:
First target on upside is achieved sucessfully.
Comment:
high made 6780+

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