Crude
being the best in commodity segment for thesellers, from last two week there
was mixed move moments seen in crude oil. From the level of 2900 there was a
resistance which leads to the energy oil week high of the level 3114. It made
the resistance and we are expecting that if it sustains above 3100 resistance
then it can breach to the next resistance level of 3200. We are positive for
this energy oil prices and it seems like 3200level would be tested soon. If oil
sustains above 3200 a fresh buying will take place for the bracket of 3300.
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