crudeoil Commodity Price Today and crudeoil Intraday Tips for Today

CRUDEOIL Intraday Tips For 06 May 2024

crudeoil Commodity Price Today and crudeoil Intraday Tips for Today

CRUDEOIL Intraday Tips For 06 May 2024

Last update on 03 May 2024
CRUDEOIL (EXP 20 May 2024) CMP-6546 currently close down side in intraday. It is likely to test support 6508.00 / 6470.00 / 6400.00. If it breaks above 6578.00 with volume then it may test upperside resistance, such as 6616.00 / 6686.00 / 6724.00.
INTRADAY SUPPORT AND RESISTANCE LEVELS
R4
6724.00
R3
6686.00
R2
6616.00
R1
6597.00
PP
6578.00
S1
6543.00
S2
6508.00
S3
6470.00
S4
6400.00
Last Day High 6648
Last Day Low 6540
Last Day Close 6546
Close down side
CPR Range
CR 6562.00
CS 6594.00
Always prefer to long if cross R2(with volume) and short if cross S2(with volume)