InvestyourAsset

CrudeOil Important Levels to watch !

MCX:CRUDEOIL1!   Crude Oil Futures
CrudeOil important levels to watch are as follows

#Support: 6480

Sell below: 6480 only on 15 minute candle closure below the level.
Target 1: 6420
Target 2: 6350
Target 2: 6280



#Resistance: 6540

Buy Above: 6540 only on 15 minute candle closure Above the level.
Target 1: 6610
Target 2: 6720




=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.

=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.



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#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Komentar:

target 1 hit after break of resistance
Komentar:

target 1 achieved on the downside after the break of resistance!
Komentar:
All the targets achieved on downside after the break of support.

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