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MTECHTIPS:-Crude oil to trade in 3066-3210 range: Achievers Equities

Monday, November 21, 2016 4:59

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MTECHTIPS:-Crude oil to trade in 3066-3210 range: Achievers Equities

MTECHTIPS:-Crude oil trading range for the day is 3066-3210. Crude oil dropped amid strong dollar but ga ins on weekly basis buoyed by growing expectations that OPEC will find a way to cap production. OPEC is moving closer to finalizing its first deal since 2008 to limit output, with most members prepared to offer Iran flexibility on production volumes. Iran has been the main stumbling block for capping production. BUY CRUDE OIL NOV @ 3120 SL 3088 TGT 3162-3195. MCX

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