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CRUDEOIL Intraday Tips For 23 Feb 2019

Last update on 21 Feb 2019
CRUDEOIL (EXP 19 Mar 2019) CMP-4061 currently close down side in intraday. It is likely to test support 4032.00 / 4003.00 / 3964.00. If it breaks above 4071.00 with volume then it may test upperside resistance, such as 4100.00 / 4139.00 / 4168.00.
INTRADAY SUPPORT AND RESISTANCE LEVELS
R4 4168.00
R3 4139.00
R2 4100.00
R1 4085.50
PP 4071.00
S1 4051.50
S2 4032.00
S3 4003.00
S4 3964.00
Last Day High 4110
Last Day Low 4042
Last Day Close 4061
Close down side
Always prefer to long if cross R2(with volume) and short if cross S2(with volume)