The Crude Oil is in Uptrend right now. Currently, Crude Oil is strong, with a good momentum, and the trend is well supported, with an open interest that does not increase with the trend. The Crude Oil from here should go upside to 64.78 dollar. If this level sustained, then the Crude Oil should go upside up to 65.50 dollar.
CRUDE OIL LEVEL ANALYSIS WITH DAILY VIEW IN INDIAN RUPEES
The Crude Oil should go upside from here. This is the Buying opportunity. The buying level for is 4750 INR for the 1st target level 4760 INR, if this level sustained, then the Crude Oil 2nd target level 4775 INR. If there is any bounce back then the Sorting level will be 4730 INR for the 1st target level 4722 INR, if this level sustained, then the Crude Oil 2nd target level 4710 INR.
The Important Resistance of Crude Oil are 4755 INR, 4765 INR, 4780 INR, 4800 INR.
The Important Support of Crude Oil are 4728 INR, 4720 INR, 4705 INR, 4680 INR.