Crude Oil failled to resume the drop correction toward 65.50 here market managed to build new support around 67.50 while managed to break above 69.60 last Friday
Intraday Levels showing first support at 69.40-60 zone where as long as market holding above more advance towrd 71.00 and 72.00 is expected while Short-run target still toward 75.00 as we advised last month
Below 69.40 a chance for bigger drop correction may control the market with support zone at 67.50-70
| Support | Resistance | |
| Level 1 | 69.40-60 | 71.00 |
| Level 2 | 68.60 | 72.00 |
| Level 3 | 67.50 | 73.20 |
