The chart set up suggests support around 85-87 odd levels

Minor resistance around 98 and eventual target for the set up could be 104-108

Risk::Reward ratio favors to go Long

Take care & sage trading..!!!

Disclaimer
-The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
brentChart PatternscrudefuturesNIFTYnymexOilTrend Analysis

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