6:27 PM
Nifty Tips
Crude oil prices managed to recover today and now heading towards 4000 mark. If crude Oil moves above 4030 level it may further extend its rally towards 4055-4100 but before this, an uncertainty is expected due to weak global cues and increasing strength of dollar prices. A dip towards 3800-3750 may be occurred during evening trades before the actual rally would take place. But a trades below 3700 may invite more downfall. Traders are advised to Buy crude above 4030 for the targets of 4055-4100. On the downside one may go for fresh buying around 3790.
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