Crude: Short term UP? 16-Jan-2020

Update: 5:30 PM IST

CMP: 57.90; Sup: 57.35; Res: 58.35
As long as crude hold support of 57.35, we can see big up move towards 61.48-62.45-63.66.

Can buy above the trendline break or between 57.80-57.45. Max SL 57.34
Targets: 59.3, 60.5, 61.45, 62.45, 63.2, 63.6...

CMP: 58.20; Sup: 57.74/57.34
As long as crude holds support of 57.74/57.34, we can see 59.3, 60.5, 62.45, 63.19.