Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Commodities

| More

Crude Oil - March 1, 2021 - Reliance Securities

Posted On: 2021-03-01 04:43:12 (Time Zone: Arizona, USA)


Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities

International oil rebounded from Friday's lows and is trading up by almost 2% this Monday morning and early afternoon trade in Asia boosted by global signs of economic recovery.

The U.S. House of Representatives passed President Joe Biden's $1.9 trillion Covid-19 aid package and the bill now heads to the Senate.

Meanwhile, the U.S. FDA approved the third COVID-19 vaccine from Johnson & Johnson and also raised fuel demand recovery hopes.

Investors are now looking to a meeting of the OPEC and its allies to take place during the week, for further clues on whether supply will return to the market.

Technically, WTI Crude Oil is trading above $62.00 and now could witness a bullish momentum up to $62.95-$63.65 levels. Support is at $61.30-$60.77 levels.

Domestic oil prices are trading flat in a choppy trading session this Monday morning and early afternoon trade.

Technically, MCX Crude Oil March resistance is at 4633-4690 levels. Support is at 4570-4510 levels.

Disclaimer: The recommendations, if any, made herein are expression of views and/or opinions and should not be deemed or construed to be neither advice for the purpose of purchase or sale of any security, derivatives or any other security through RSL nor any solicitation or offering of any investment /trading opportunity on behalf of the issuer(s) of the respective security(ies) referred to herein. These information / opinions / views are not meant to serve as a professional investment guide for the readers. No action is solicited based upon the information provided herein. Recipients should rely on information/data arising out of their own investigations. Readers are advised to seek independent professional advice and arrive at an informed trading/investment decision before executing any trades or making any investments. While due care has been taken to ensure that the disclosures and opinions given are fair and reasonable, none of the directors, employees, affiliates or representatives of RSL shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including lost profits arising in any way whatsoever from the information / opinions / views contained herein.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com


Other Headlines:

Silver - April 16, 2021 - Reliance Securities

Crude Oil - April 16, 2021 - Reliance Securities

Gold - April 16, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - April 16, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - April 16, 2021 - Reliance Securities

Copper - April 16, 2021 - Reliance Securities

Crude Oil - April 15, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - April 15, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - April 15, 2021 - Reliance Securities

Silver - April 15, 2021 - Reliance Securities

Gold - April 15, 2021 - Reliance Securities

Copper - April 14, 2021 - Reliance Securities

Crude Oil - April 13, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - April 13, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - April 13, 2021 - Reliance Securities

Silver - April 13, 2021 - Reliance Securities

Gold - April 13, 2021 - Reliance Securities

Base Metals - April 12, 2021 - Mr. Tapan Patel, Senior Analyst (Commodities), HDFC Ssecurities

Crude Oil - April 12, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - April 12, 2021 - Mr. Tapan Patel, Senior Analyst (Commodities), HDFC Securities

Crude Oil - April 12, 2021 - Reliance Securities

Silver - April 12, 2021 - Reliance Securities

Gold - April 12, 2021 - Reliance Securities

Crude Oil - April 9, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - April 9, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - April 9, 2021 - Reliance Securities

Silver - April 9, 2021 - Reliance Securities

Gold - April 9, 2021 - Reliance Securities

Copper - April 8, 2021 - Reliance Securities

Crude Oil - April 8, 2021 - Reliance Securities

Gold - April 8, 2021 - Reliance Securities

Crude Oil - April 8, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - April 8, 2021 Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - April 7, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - April 7, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - April 7, 2021 - Reliance Securities

Silver - April 7, 2021 - Reliance Securities

Gold - April 7, 2021 - Reliance Securities

Copper - Outlook - April 7, 2021 - Reliance Securities

Crude Oil - Outlook - April 7, 2021 - Reliance Securities

Gold - Outlook - April 7, 2021 - Reliance Securities

Crude Oil - April 6, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - April 6, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - April 6, 2021 - Reliance Securities

Silver - April 6, 2021 - Reliance Securities

Gold - April 6, 2021 - Reliance Securities

Copper - Outlook - April 6, 2021 - Reliance Securities

Crude Oil - Outlook - April 6, 2021 - Reliance Securities

Gold - Outlook - April 6, 2021 - Reliance Securities

Base Metals - April 5, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020