MCX CRUDE OIL weekly-correction hit 3630 TGT next TGT 3425

Mcx crude oil this week closed with loss at 3665.

this week crude oil prices on correction achieved 3630 tgt, below 3630 next target is at 3425.

if hold 3630 support then expect sharp short covering rally on upside for targets 3750 and then 3950.

from medium to long term view, crude oil achieved 3600 tgt next level to watch is 4300 rupees.

 

 

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Pramod Baviskar

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