Crude Oil (MCX): Thursday - 24/11/22
Levels:
Support: 6350, 6200
Resistance: 6500, 6700, 6850
As per OI Data, the max Call & Put writings are seen in 6500 (3800 and 1700). So, 6500 is the crutial level.
Trade plan:
Support: 6350, 6200
Resistance: 6500, 6700, 6850
As per OI Data, the max Call & Put writings are seen in 6500 (3800 and 1700). So, 6500 is the crutial level.
Trade plan:
- Once price test higher level in between 6440/6470/6550, we can just wait to short with a SL of 6550.
- Around 6250/6200 level we can try some longs. But overall bearish.
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