ParimalDevnath

Crude vs. OMCs and RIL

Long
TVC:USOIL   CFDs on WTI Crude Oil
Breakout in Crude has put OMCs under lot of pressure as was expected and RIL is remaining firm in overbought zone. There is a negative divergence which is yet to trigger. If it triggers, we may see Crude pulling back toward the breakout level to regain strength.
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