NYMEX
If 106.84 restricts, I expect down move. Down move targets: 106.05, 105.5, 105.25, 105.11, 104.5.
Resistances: 106.84, 107.45, 107.7.
If crude breaks the above levels, we will soon see 108, 109, 110, 112.
MCX
If 6472, 6499 restricts, we will see 6375, 6320, 6290 in crude.
Resistances: 6472, 6499.
If crude breaks the above levels, then big upmove will happen, targets: 6587, 6607, 6650, 6795.
If 106.84 restricts, I expect down move. Down move targets: 106.05, 105.5, 105.25, 105.11, 104.5.
Resistances: 106.84, 107.45, 107.7.
If crude breaks the above levels, we will soon see 108, 109, 110, 112.
MCX
If 6472, 6499 restricts, we will see 6375, 6320, 6290 in crude.
Resistances: 6472, 6499.
If crude breaks the above levels, then big upmove will happen, targets: 6587, 6607, 6650, 6795.
