From the very beginning of the trend in crude oil is selling. On MCX, crude oil is trading at Rs 4378. Naimaks 99 dollars per barrel in today's crude oil remains close to. The U.S. Energy Department report will look at the market. Experts believe that the U.S. could increase crude oil reserves. Which will increase the pressure on crude oil.
MCX Crude Oil (August Futures): Sell - 4400, stoploss - 4449, Target – 4336.