Crude oil boom Global market @ buy MCX Crude for intraday

Crude Oil have jumped 3 moth upper level in the global market. Brent Crude is trading at around 50 dolar. According to sources Cuts production by opec Crude get support. Light pressure from a recovery in the dollar is also visible from the upper level. 1 During the last week, crude has rallied nearly 7 percent.

In the Domestic market MCX crude trading around 3220 to 3225 in October future contract. So you can buy MCX Crude oil around 3220 to 3225 for October future contract target 3245, 3265 stop loss 3196.

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