mcx crude oil pivot points levels for aug 2015
support and resistance
|Monthly technical levels|
|Month pivot point level||3270|
*Note : in this post you will get information about pivot points and support resistances. if stock trading above its pivot level then expect uptrend for period and expect resistance zones as upside target and reversal points on chart for that period. in this scenario stop loss must be below pivot level. if stock trading below its pivot level then it is in downtrend for that period and expect support zones as targets as well as reversal points for that period . here stop loss for short positions will remain above pivot point level.
read more about pivot point information and calculation on Wikipedia