Crude Oil (Rs/Bbl):Techincals Levels : Evening Session : 08.09.2016

Crude Oil (Rs/Bbl):Techincals Levels : Evening Session : 08.09.2016

INTRADAY TREND : BUY

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Sep. crude oil prices have move higher after opening on a positive note today. The counter has strong resistance between 3110—3125 zones now. Weakness between these areas post the inventory data
will trigger a sharp correction in the counter towards 3022 areas. The pullback rally will gain further strength only if prices sustain above 3130 levels.