mcx crude oil intraday levels 7 oct 2015

Mcx crude oil oct future closed at 3133 with sharp gains.
On daily chart, crude oil future 1 week price channel is up.
And 1 month price channel also showing flat range.
Daily chart RSI is at 60 and continues buy signal.
For tomorrow, mcx crude oil intraday support levels are 3124 and 3058.
On upside mcx crude oil intraday resistance levels are 3158 and 3198.
Commodity Traders can buy crude oil future on correction near 3050
with stop loss for target 3200+ in short terms.

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Pramod Baviskar

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