Crude oil managed to sustain advance on Oil cut production extention
Market facing support at 52.40-50 and 51.70 where as long as market holding above more advance toward 53.70 is expected which may provide some drop correction
Above 53.70 more advance toward 55.00 is expected
Below 51.70 market may head for farther drop correction toward 49.75 zone
| Support | Resistance | |
| Level 1 | 52.40-50 | 53.70 |
| Level 2 | 51.70 | 55.00 |
| Level 3 | 50.50 | 56.80 |