Crude Oil MCX
The breakout above 3975 was witnessed.
The breakout implication was for rise to 1.618% retracement level 4104.
The price has crossed to high 4278.
The 2.618% retracement is at 4312.
The channel upper line is around the 4312-4350.
Traders long and holding the same can revise up the stop loss to 4180.
Book profits at higher range of 4312 or above.
The breakout above 3975 was witnessed.
The breakout implication was for rise to 1.618% retracement level 4104.
The price has crossed to high 4278.
The 2.618% retracement is at 4312.
The channel upper line is around the 4312-4350.
Traders long and holding the same can revise up the stop loss to 4180.
Book profits at higher range of 4312 or above.