Crude Oil MCX Future Weekly Analysis 4-8 March, 2024

3 Mar

📊 CRUDE OIL 20 MAR FUT LEVELS Analysis

🎯 Weekly Range: 393
➡️ Buy: 6543.87, Avg Pos: 6497.5
🎯 Buy T1: 6880.87, Buy T2: 7031
❌ Buyer SL: 6412.87

💰 Sell: 6451.13
🎯 Sell T1: 6395.13, Sell T2: 6245
❌ Seller SL: 6582.13

Analysis:
The CRUDE OIL 20 MAR FUT shows a weekly range of 393. A buy entry is suggested at 6543.87 with average position at 6497.5. Buy targets are set at 6880.87 and 7031, with a stop loss at 6412.87. Conversely, a sell entry can be considered at 6451.13, aiming for targets at 6395.13 and 6245, with a stop loss at 6582.13. Traders should exercise caution and perform thorough analysis before initiating any positions.

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