Money Market Guru — Crude Oil gained marginally to close the day at Rs 3191 per barrel, up Rs 13. The price tested a high of Rs 3245 per barrel and a low of Rs 3172 per barrel. On the lower side, Rs 3100 per barrel is the support. On the higher side, Rs 3280 per barrel.

It will be interesting to note whether Crude Oil is able to break Rs 3200 per barrel as the resistance which is immediate resistance level. — Money Market Guru —Pia

CRUDE OIL TECHNICAL COMMENT FOR THE DAY