Crude oil managed to head for rebound correction as market maintain trading above 47.00 zone
maket now facing resistance zone at 50.70-51.20 where as long as market holding below another drop wave may hit market toward 46.20-40 zone
above 51.20 more advance will be expected toward 53.60 zone
| Support | Resistance | |
| Level 1 | 49.25 | 50.70 |
| Level 2 | 48.45 | 51.20 |
| Level 3 | 47.00 | 52.50 |
