As per chart study for 1 hour the Crude Oil seems to go downside, yesterday the Crude oil has got high 63.84 dollar but from here the Crude Oil is seen to go up to 63 dollar & if this sustained on this level then the crude oil continues going downside till 62.86 dollar.

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Crude Oil Technical Analysis
The Crude Oil should go downside from here for Intraday point of view. The Sorting level for today is 4710 INR for the 1st target level 4700 INR, if this level sustained, then the Crude Oil 2nd target level 4690 INR. If there is any bounce back then the buying level will be 4732 INR for the 1st target level 4740 INR, if this level sustained, then the Crude Oil 2nd target level 4755 INR.

Crude Oil Resistance Level
The Uptrend and Downtrend level for Positional will be 4744.80 INR & 4697.25 INR.
The Resistance level for Crude Oil for Positional point of view are 4760 , 4772, 4785, 4800, 4824 & the expanded resistance level will be 4885 INR
Crude Oil Support Level today
The Support level for Crude Oil for Positional point of view are 4680 , 4669, 4656, 4641, 4617 & the expanded resistance level will be 4555 INR.
Crude Oil analysis reports
price move as per analysis can watch this post .
Let me go by Disclaimer these are my personal views and trade taken on these observation should be traded with strict SL .Please also read the detailed Disclaimer mentioned in the left side of Blog.
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