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Crude Technical Comment For 07 July 2015



Crude oil was again dragged below Rs 3500 per barrel in the intraday session. The prices ended at Rs 3384 per barrel on 6 July 2015 against Rs 3520 per barrel on 3 July 2015. Volumes were higher in Crude Oil on Monday at 181416. It was expected that prices moving below Rs 3500 will bring more losses. On Monday, Crude Oil tested a high of Rs 3517 and a low of Rs 3374 per barrel. Open Interest were 19724 on 6 July 2015 against 20936 on 3 July 2015.
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