MCX CRUDE Weekly Analysis 06 May-10 May 2024

By | May 5, 2024 11:11 am

MCX Crude Oil Gann Angle Chart

Crude broke the  1×1 Gann line as shown above, heading towards support of 3×4 line @6500

MCX Crude Oil Supply Demand Zone




MCX CRUDE OIL Supply Demand Chart : Demand in range of  6400-6420 , Supply in range of 6729-6744

MCX Crude Oil Crude Harmonic 

Price retraceting the D Leg 6450-6500 is importnat support zone.

Crude Astro/Gann Trend Change Date

08 May Important Gann/Astro Date for Trend Change

Weekly Trend Change Level:6555

Weekly Resistance :6596,6637,6678,6729,6785,6850

Weekly Support : 6514,6473,6432,6391

Levels Mentioned are for May Future Crude Contract

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