CRUDEOIL-I ends at ` 4950 with a gain of +1.0% with formation of a Bullish Harami Candle on Daily Price Chart at MCX. On Technical Chart, CRUDEOIL is gaining momentum. It has now Strong Resistance at ` 5053 and Support at ` 4775.88.If CRUDEOIL-I crosses the above resistance level , then it may Touch ` 5331.57 within 20 Trading sessions.
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