• Loading stock data...

Crude Oil Update

Share This Post

Share on facebook
Share on linkedin
Share on twitter
Share on email

As we can see, today all our support levels of Crude oil reached successfully as posted yesterday.

Crude Oil prices plunge to a 17 Years low as demand drops due to fear of Corona Virus Pandemic and a Price war between Saudi Arabia and Russia.

Now we can see more downfall in the coming days but before that, we can see a small pullback in the prices as we saw today crude was unable to test its crucial Support level of 1580 and made a low of 1594.


Immediate Supports and Resistances of Crude for 31st March i.e. Tuesday are: –


Resistance 1 – 1646

Resistance 2 – 1662

Resistance 3 – 1680


Support 1 – 1596

Support 2 – 1580

Support 3 – 1560


Note:- All Support and Resistance Levels are only for Intraday.


ProCapitas Market-Pro Team 

More To Explore