Crude Oil ended the session at Rs 3496 per barrel. The prices gained from levels of Rs 3342 per barrel on 14 April 2015. The gains for the fifth straight session have revived the confidence for buyers. The prices of Crude Oil ended at Rs 3496 per barrel a shy away from Rs 3500 per barrel. The prices moving above Rs 3500 per barrel will act as a psychological resistance for Crude Oil. Resistance for Crude Oil is at Rs 3550 per barrel. On the lower side Rs 3300 will act as support for Crude Oil. Volumes for Crude Oil are at 200046 against 116691 on Tuesday. Open interest declined to 14886 indicating that the short positions are getting liquidated.
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