Yesterday we expect NYMEX crude oil has hold below 99.30, But after touch the low $ 99.01 NYMEX crude oil pulled back again above $99.30 level, It seems some profit booking pull back rally.
MCX crude oil took support at 5970 level. Currently mcx crude oil is in down trend. Now key resistance is 6040 level. MCX crude oil Once if breach the resistance we expected short covering pullback rally up to 6150 level.