MCX Crude Oil Trend - Support and Resistance Levels


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

Last Update: 22/10/21

Trend

Signal

Intraday

Up 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 Up 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

6200.16

6121.84

6239.31

6287.69

6366.00

Sell below

6121.84

6200.16

6082.69

6021.40

5956.00

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

6256.00

6366.00

6461.00

Intraday Crude Oil Support Levels

Daily Support S1

Daily Support S2

Daily Support S3

6051.00

5956.00

5846.00

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

6310.00

Two Days Before High

6240.00

Yesterdays High

6271.00

Pivot

6161.00

Yesterdays Low

6066.00

Two Days Before Low

6064.00

Three Days Before High

6166.00

Earnometer Crude Oil Update:

Earnometer Crude Oil

Today's Crude Oil Intraday levels



​​​​Resistance Range

Price Levels

5MH

Five Month before High

4938.00

4MH

Four Month before High

5518.00

3MH

Three Month before High

5733.00

2MH

Two Month before High

5494.00

LMH

One Month before High

5675.00

CMH

Current Month High

6317.00

4WH

Four Week before High

5486.00

3WH

Three Week before High

5675.00

2WH

Two Week before High

6013.00

1WH

One Week before High

6193.00

CWH

Current Week High

6317.00

PDH

Yesterdays High

6271.00


​​​​Support Range

​​​Price Levels

5ML

Five Month before Low

4519.00

4ML

Four Month before Low

4900.00

3ML

Three Month before Low

4878.00

2ML

Two Month before Low

4634.00

1ML

One Month before Low

4911.00

CML

Current Month Low

5509.00

4WL

Four Week before Low

5134.00

3WL

Three Week before Low

5432.00

2WL

Two Week before Low

5601.00

1WL

One Week before Low

5985.00

CWL

Current Week Low

6064.00

PDL

Yesterdays Low

6066.00

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

6158.06

6078.61

6197.79

6246.88

6326.33

Sell below

6078.61

6158.06

6038.88

5976.69

5910.33

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

6251.67

6326.33

6459.67

Short Term Crude Oil Support Levels

Weekly Support S1

Weekly Support S2

Weekly Support S3

6043.67

5910.33

5835.67

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

5535.92

5244.08

5681.85

5862.15

6154.00

Sell below

5244.08

5535.92

5098.15

4869.72

4626.00

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

5869.00

6154.00

6633.00

Long Term Crude Oil Support Levels

Monthly Support S1

Monthly Support S2

Monthly Support S3

5105.00

4626.00

4341.00

Crude Oil Support and Resistance Levels Today


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Resistance 4 (R4)



6663.00

6258.75

Resistance 3 (R3)

6461.00

6366.00

6458.00

6202.38

Resistance 2 (R2)

6366.00

6287.69

6364.50

6183.58

Resistance 1 (R1)

6256.00

6239.31

6253.00

6164.79

Pivot Point

6161.00

6161.00

6159.50

6161.00

Support 1 (S1)

6051.00

6082.69

6048.00

6127.21

Support 2 (S2)

5956.00

6034.31

5954.50

6108.42

Support 3 (S3)

5846.00

5956.00

5843.00

6089.63

Support 4 (S4)



5638.00

6033.25

Crude Oil Pivot Point Levels - Weekly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Weekly R4



6736.00

6291.40

Weekly R3

6459.67

6326.33

6528.00

6234.20

Weekly R2

6326.33

6246.88

6360.50

6215.13

Weekly R1

6251.67

6197.79

6320.00

6196.07

Weekly Pivot Point

6118.33

6118.33

6152.50

6118.33

Weekly S1

6043.67

6038.88

6112.00

6157.93

Weekly S2

5910.33

5989.79

5944.50

6138.87

Weekly S3

5835.67

5910.33

5904.00

6119.80

Weekly S4



5696.00

6062.60

Crude Oil Pivot Point Levels - Monthly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Monthly R4



7484.00

6004.20

Monthly R3

6633.00

6154.00

6720.00

5794.10

Monthly R2

6154.00

5862.15

6197.50

5724.07

Monthly R1

5869.00

5681.85

5956.00

5654.03

Monthly Pivot Point

5390.00

5390.00

5433.50

5390.00

Monthly S1

5105.00

5098.15

5192.00

5513.97

Monthly S2

4626.00

4917.85

4669.50

5443.93

Monthly S3

4341.00

4626.00

4428.00

5373.90

Monthly S4



3664.00

5163.80

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.

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