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      Technical comment for the day: Crude Oil

      MoM Team / Mumbai, Jan 10, 2017 09:21 AM IST

        Technical comment for the day: Crude Oil

        Crude Oil declined in the session ending Monday and ended with declines to the tune of 2.9 percent. The prices of Crude Oil ended the session at INR 3,574 per barrel.

        The benchmark expiry contract of Crude Oil tested a high of INR 3,674 per barrel. A low of INR 3,564 per barrel was registered during the day.

        Gains in Crude Oil can take prices towards Rs 3,700 and 3,720 per barrel. On the lower side Rs 3,500 and 3,400 per barrel are the noted supports.


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