Crude Oil on Weekly Chart in making "Higher Tops & Higher Bottom Pattern". Also at the bottom you can find the Crude oil made "Double Bottom Reversal Pattern"and was followed by a "Consolidation Flag Pattern" breakout. All this indicating that the crude is likely to continue its up move. The commodity is recommended to Cmp 3431 & add in dips.Supports
- Support 1 : 3297
- Support 2 : 3115
- Support 3 : 2958
Resistance
- Resistance 1 : 3972
- Resisatnce 2 : 4532
- Resistance 3 : 5223