Oil headed for its biggest weekly gain in a month as OPEC and its allies pressed on with supply cuts, while trade talks between the U.S. and China offered some reassurance over energy demand. On the daily chart, MCX Crude Oil price has found the support at lower line of channel formation and bounced back from there. Moreover, price has also sustained above 3900 levels and 21 days DEMA. Furthermore, a momentum indicator RSI (14) and MACD has shown positive crossover. Hence, we expect bullish move for the day.







For more information ✆ +91- 6232578593 or visit www.moneymarketmanthan.com