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CRUDEOIL Intraday Tips For 25 May 2019

Last update on 23 May 2019
CRUDEOIL (EXP 19 Jun 2019) CMP-4036 currently close down side in intraday. It is likely to test support 3936.70 / 3837.35 / 3666.70. If it breaks above 4107.35 with volume then it may test upperside resistance, such as 4206.70 / 4377.35 / 4476.70.
INTRADAY SUPPORT AND RESISTANCE LEVELS
R4 4476.70
R3 4377.35
R2 4206.70
R1 4157.00
PP 4107.35
S1 4022.00
S2 3936.70
S3 3837.35
S4 3666.70
Last Day High 4278
Last Day Low 4008
Last Day Close 4036
Close down side
Always prefer to long if cross R2(with volume) and short if cross S2(with volume)