MCX Crude Oil Trend - Support and Resistance Levels


Overall MCX Crude Oil Trend for today, tomorrow, current & next week and month

Last Update: 25-01-2023

Trend

Signal

Intraday

Down Trend

Short Term

Up Trend

Long Term

Up Trend

Below crude oil price future trend support, resistance and technical levels charts are updated between 9.15 to 9.30 am daily. You can make use of the below charts and price levels to make your own trading decisions. Weekly & Monthly support resistance levels are significant market turnaround reversal or breakout levels to look out for. We master in reversal and break out analysis. The daily, weekly, monthly support and resistance plotted below can be used for either exit-entry or entry-exit. These forecast are valid from intraday to short term to long term.

MCX Crude Oil Trend Today


MCX crude oil is currently in Down Trend for intraday. The below intraday analysis & price levels are calculated using commodityquant's advance pivot point formula and valid only for today's session on a 5-15 minute chart.

Crude Trend Chart

MCX Crude Oil Trend

Intraday Crude Oil Tips & Target for Today, MCX, India

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

6640.47

6575.53

6672.94

6713.06

6778

Sell below

6575.53

6640.47

6543.06

6492.23

6438

We also expect the commodity crude oil futures to react on the below support and resistance levels for today.

Intraday Crude Oil Resistance Levels

Daily Resistance R1

Daily Resistance R2

Daily Resistance R3

6669

6778

6839

Intraday Crude Oil Support Levels

Daily Support S1

Daily Support S2

Daily Support S3

6499

6438

6329

Earnometer Crude Oil


Below earnometer crude oil power levels & charts are based on a simple but most powerful concept, if the price breaks the yesterday, two days before or three days before high or low, it will most likely continue in the direction of the breakout. Below levels acts as powerful support & resistances as well, either breakout or reversal can happen on these levels. Kindly make use of the below charts to make your own trading decisions.

Earnometer Crude Oil Levels

Price

Three Days Before High

6645

Two Days Before High

6735

Yesterdays High

6717

Pivot

6608

Yesterdays Low

6547

Two Days Before Low

6590

Three Days Before High

6502

Earnometer Crude Oil Update:

Earnometer Crude Oil

Today's Crude Oil Intraday levels



​​​​Resistance Range

Price Levels

5MH

Five Month before High

7800

4MH

Four Month before High

7230

3MH

Three Month before High

7712

2MH

Two Month before High

7676

LMH

One Month before High

6778

CMH

Current Month High

6760

4WH

Four Week before High

6729

3WH

Three Week before High

6760

2WH

Two Week before High

6475

1WH

One Week before High

6697

CWH

Current Week High

6735

PDH

Yesterdays High

6717


​​​​Support Range

​​​Price Levels

5ML

Five Month before Low

6838

4ML

Four Month before Low

6292

3ML

Three Month before Low

6646

2ML

Two Month before Low

6052

1ML

One Month before Low

5832

CML

Current Month Low

6019

4WL

Four Week before Low

6381

3WL

Three Week before Low

6019

2WL

Two Week before Low

6075

1WL

One Week before Low

6352

CWL

Current Week Low

6547

PDL

Yesterdays Low

6547

Short Term Crude Trend


According to quant's technical analysis mcx crude oil is currently in Up Trend for short term. The below analysis & forecasts is valid for tomorrow & current week.

Short Term Crude Trend

Short Term Crude oil Buy or Sell Tips

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

6621.23

6489.44

6687.12

6768.54

6900.33

Sell below

6489.44

6621.23

6423.54

6320.39

6210.33

We also anticipate the commodity crude oil futures to respond on the below support and resistance levels for this week.

Short Term Crude Oil Resistance Levels

Weekly Resistance R1

Weekly Resistance R2

Weekly Resistance R3

6758.67

6900.33

7103.67

Short Term Crude Oil Support Levels

Weekly Support S1

Weekly Support S2

Weekly Support S3

6413.67

6210.33

6068.67

Long Term Crude Oil Price Trend


Long Term Trend - Crude Oil is currently in Up Trend for long term. The above forecast is valid for the current month.

MCX Crude Oil Long Term Price Trend

Crude Oil Price Long Term MCX Tips

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

6563.35

6201.98

6744.04

6967.29

7328.67

Sell below

6201.98

6563.35

6021.29

5738.44

5436.67

In addition, we expect the commodity crude oil futures to respond on the following resistance and support levels for this particular month.

Long Term Crude Oil Resistance Levels

Monthly Resistance R1

Monthly Resistance R2

Monthly Resistance R3

6933.33

7328.67

7879.33

Long Term Crude Oil Support Levels

Monthly Support S1

Monthly Support S2

Monthly Support S3

5987.33

5436.67

5041.33

Crude Oil Support and Resistance Levels Today


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Resistance 4 (R4)



6995

6653.5

Resistance 3 (R3)

6839

6778

6825

6606.75

Resistance 2 (R2)

6778

6713.06

6771

6591.17

Resistance 1 (R1)

6669

6672.94

6655

6575.58

Pivot Point

6608

6608

6601

6608

Support 1 (S1)

6499

6543.06

6485

6544.42

Support 2 (S2)

6438

6502.94

6431

6528.83

Support 3 (S3)

6329

6438

6315

6513.25

Support 4 (S4)



6145

6466.5

Crude Oil Pivot Point Levels - Weekly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Weekly R4



7471

6806.75

Weekly R3

7103.67

6900.33

7126

6711.88

Weekly R2

6900.33

6768.54

6911.5

6680.25

Weekly R1

6758.67

6687.12

6781

6648.63

Weekly Pivot Point

6555.33

6555.33

6566.5

6555.33

Weekly S1

6413.67

6423.54

6436

6585.38

Weekly S2

6210.33

6342.12

6221.5

6553.75

Weekly S3

6068.67

6210.33

6091

6522.13

Weekly S4



5746

6427.25

Crude Oil Pivot Point Levels - Monthly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Monthly R4



8930.5

7058.3

Monthly R3

7879.33

7328.67

7984.5

6798.15

Monthly R2

7328.67

6967.29

7381.25

6711.43

Monthly R1

6933.33

6744.04

7038.5

6624.72

Monthly Pivot Point

6382.67

6382.67

6435.25

6382.67

Monthly S1

5987.33

6021.29

6092.5

6451.28

Monthly S2

5436.67

5798.04

5489.25

6364.57

Monthly S3

5041.33

5436.67

5146.5

6277.85

Monthly S4



4200.5

6017.7

Get the powerful support and resistance MCX Trend analysis of the 16 major commodities listed on the multi-commodity exchange of India. Technical trend analysis of crude oil is done every day and updated between 9.15 to 9.30 am on daily basis.