MCX Crude oil Tips For Today: Profit 48000 in 2 Lots

MCX Crude oil Tips For Today: Intraday Profit Rs. 48000 in 2 Lots. Crudeoil 5745 to 5985 and 240 Point Done.

  • Crudeoil 5969 to 5969 🚀🚀🚀
  • Crudeoil 5969 to 5969 🚀🚀🚀
  • Crudeoil 5969 to 5969 🚀🚀🚀
  • Oil 240 Point Done. All Target Achived
  • WTI advances on sentiment, Kurdistan oil exports halt.
  • Investors shrugged off the US banking system woes after First Citizens BankShares acquired Silicon Valley Bank.
  • WTI Price Analysis: Stuck in neutral to the downward trend but could rally to $80.00 once RSI turns bullish.

WTI Technical Outlook

WTI Technical Outlook: WTI is still neutral to downward biased, though approaching the 20-day EMA. Oscillators remain bearish, with the Relative Strength Index (RSI) below 50, but it’s aiming up. So, if RSI turns bullish, WTI’s could rally to $80.00. Hence, WTI’s first resistance would be the 20-day EMA at $72.10. A breach of the latter will expose the 50-day EMA at $74.93, followed by the 100-day EMA at $78.06, before testing $80.00.

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Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

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