Rational of Recommendation: We are expecting crude oil
price jump after economic data ( Crude oil
Inventory) release in the evening. On basis technical aspect Crude oil
trade near 200,100 Exponential Moving Average
and took support at bottom of the channel line.
Recommendation: BUY CRUDE OIL
ABOVE 58.45 TARGET 58.80 59.45 SL BELOW 58.12