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Morning Briefing Nymex WTI (66.94, -1.67%) has room on the downside towards 65-66 region which could be tested in the coming sessions before starting a fresh rise in the medium term. The current fall if extends towards 65 would pull down Brent also to lower levels. Near term looks bearish.
Last Updated Open High Low LTP
18-Jul-18 70.61 70.84 67.03 67.54
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C S Vijayalakshmi ["Vijaylakshmii has the rare ability to look at charts using both Classical charting as well as Elliot Waves, which she combines with excellent proficiency in Excel. A growing presence in the social media sphere, she is also an accomplished danseuse and choreographer."]
JUN 5, 2018 AT 10:34 AM

CRUDE WTI has broken below immediate support. Could test 63.0-62.50 before bouncing back towards 68 again.
~ C S Vijayalakshmi