Crude Oil (MCX): Thursday - 08/12/22

2023年2月8日

Chart:
Logic:

Levels:
Support: 6420, 6300, 6250, 6175, 6075
Resistance: 6500, 6550


OI Data (15th Feb Expiry):
Nearest Major Resistance in Crude per OI data: 6500
Nearest Major Support in Crude per IO data: 6400 (shifted from 6200 y'day)


Trade setup:

+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 6500 | 6450 | 6560 | 6600
-----------------------------------------
SELL | < 6380 | 6420 | 6300 |6250
+++++++++++++++++++++++++++++++++++++++++