Morning BriefingOur expected correction from respective resistances near 70 and 65 have not yet materialised keeping both Brent (69.37) and WTI (63.94) at levels just below the resistances. While the rise continues, a re-test of the upside resistances could be seen in the next couple of sessions. While we still expect the crude prices to see a short corrective fall, it would be important to note the price action near resistance levels.
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Shyam Group of Companies
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