Crude is doing good as equity market has been performing well from last couple of days. Crude oil Prices are trading near 4200 but a slight pull back is anticipated till 4150-4100 before it move further towards 4250 mark. If crude manges to breach 4250 level, it may extend its positive trend till 4300-4330. Below 4080 CrudeOil is looking bearish.
Day Traders can Buy crude on dips.