MCX CRUDE OIL UPDATES:

YESTERDAY WHEN CRUDE OIL WAS TRADING @ 4215,

WE SAID IT HAS BROKE ITS DAY SUPPORT OF 4240 & BELOW 4200 IT MAY TRY TO FIND REVERSAL SUPPORT NEAR 4173,

SEE THE IMPACT CRUDE OIL IS HEADING TOWARDS SOUTHERN, CMP STANDS @ 4140

WE ARE EXPECTING IT MAY TRY TO CREATE NEW LOWS OF 4100 - 4068, TO MAINTAIN LONG UPMOVES.

RESEARCH VIEW: NEGATIVE BELOW 4200.