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#CrudeOil – Bearish Trend Persists In today’s podcast, we discuss the current crude oil price movement, which shows a clear bearish trend characterized by lower highs and lower lows. The failure to surpass the resistance level at Rs 5437 (50 DEMA), reinforcing the ongoing bearish sentiment in the market. This resistance level is key, and its inability to be breached suggests that the downward trend is likely to continue. On the downside, the important support level at Rs 5149 is critical for price action. 👉Watch now to know more: https://youtu.be/Isa1YiTlNY0?si=a8Qz1tWSORea8efJSource - Mirae Asset Sharekhan Research Team Disclaimer - https://rb.gy/jqplkw#MiraeAssetSharekhan #CommodityMarket #CrudeOil #MiraeAssetSharekhan #CommodityMarket