Oil Extends Advance as U.S. Stockpiles Drop First Time This Year
market still facing resistance at 50.00 and 51.20 zone where as long as market holding below one of those resistances the downtrend pressure will back to hed with market toward target 46.10-30
above 51.20 more advance toward 52.25 and 53.50 is expected
| Support | Resistance | |
| Level 1 | 48.80 | 50.00 |
| Level 2 | 47.25 | 51.20 |
| Level 3 | 46.10-30 | 52.25 |
