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Crude Oil Report update

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Breaking News

  • Saudi deny of oil Output hike by OPEC +
  • Saudi Oil Min : OPEC+ ready to intervene market if necessary
  • Saudi Oil MIN : Current OPEC+ deal continue till 2023 End
Crude Oil got jump from 6207 to 6609 today.

Here 6647 is a very good & strong resistance.
From the high of 7676 to Low 6207, where its 1st correction complete at 6647.

Crude Oil

Range: 6700 - 6250

Our Preference: Sell Crude 6647 for target 6515 & 6427 with SL 6700+ ony If sustain

Alternative Scenario: Buy Crude If cross 6720+ then let him come down again & buy @ 6680 for target 6941 with SL 100 point only

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