OPEC meeting discuss about extending the production cut in Crude Oil
to stabilize oil
prices, But USOIL
fall more than 5% still there is a scope to go more than to make new floor or retest strong support of 43.76. as technically we can see three waves towards 47.00/47.40, currently usoil
standing on double bottom
support on daily candle.we don't like selling here.
Stop loss: 45.70
gud luck !