Friday 24 February 2017

Latest crude study

Some chart study on crude

crude is trying to break the support line of upward channel. If it break support of 3580 and stay below it for some time, then it will start falling downwards. Next support is placed @ 3530 @ 3460. 
On the other hand, if crude again entered in channel & move above 3668 then it will enter bullish zone & try to go towards 3750.
Again remind you that this is not trading call, just for info. Jay Shriram