InvestyourAsset

Crude Oil important levels to watch

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

#SUPPORT: 6440
#RESISTANCE: 6475

#buy above 6475 with a strict trailing Stoploss as per your risk appetite. Expected targets mentioned below:
Target 1: 6530
Target 2: 6600


#Sell Below 5440 with a strict trailing stoploss as per your risk appetite. Expected targets mentioned below:
Target 1: 6390
Target 2: 6340
Target 3: 6270

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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First target on upside has been achieved successfully !!
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