Crude Oil last week showed sideways movement found support around 4570 and resistance of 4775. Now if breaks this range bound movement then only we decide the trend for it. According to daily charts it looks weak and may break support of 4520 below this next support is seen around 4420. Above 4775 next hurdle is around 4860.
S T R A T E G Y
Better strategy in MCX CRUDEOIL is to sell below 4520 for the targets of 4425-4300. With stop loss of 4700.

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