MCX CRUDE OIL:

CRUDE OIL WAS UNABLE TO PASS 4270, IT MADE A HIGH OF 4260,

CMP STANDS @ 4230, BELOW 4235 IT IS IN NEGATIVE ZONE,

IF IT CONTINUES TO TRADE BELOW 4235, WE MAY SEE 4200 - 4185 LEVEL,

BUT IF IT MANAGE TO TRADE ABOVE 4235 & UNABLE TO BREAK 4270, THEN CRUDE OIL WILL TRADE IN RANGE BOUND BETWEEN 4230 & 4265,

WE ARE EXPECTING A BREAKOUT ABOVE 4270 MAY PUSH CRUDE TOWARDS 4325.