ENERGY : CRUDE OIL MCX/NCDEX Sep Technical Commentary : 07.09.2016

ENERGY : CRUDE OIL MCX/NCDEX Sep Technical Commentary : 07.09.2016

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Even as the trend stays largely weak, a range bound move inside 3030- 2920 may be seen and a break out from either the sides could provide fresh directions.

Technical Levels

R3 3170/3195
R2 3085/3118-3130
R1 3030-3062

Turnaround 3030-2920

S1 2978/2958
S2 2935-2920
S3 2860/2820
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