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Crude Oil Update

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As we all know that due to Corona Virus Effect and High Volatility in the Market the MCX has restricted its trading time till 5 pm.

That is the reason why our Support and Resistance levels are less, approximately 50 points and also you guys must have observed today that all resistance levels reached easily as mentioned in yesterday’s research report.

Today crude Opened at 1654 and made a high of 1694, a low of 1638 and closed at 1689.

Resistance and Support levels for tomorrow i.e. 1st April 2020:-

Resistance 1 – 1715

Resistance 2 –  1749

Resistance 3 –  1763

 

Support 1 – 1673

Support 2 – 1655

Support 3 – 1631

Note:- Our levels are small due to volatility and limited trading hours.

Thanks!

ProCapitas Market-Pro Team 

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