Volumes are slowing down in this downside move which also indicates some pullback can be seen. Hence, one should wait for the stock to cross above the 345 level and then only buy this stock with a stop loss of 300 on a weekly closing basis on the upside, we can see the level of 420-470 in the next 8-10 months.
Oil Price Today (September 30): Crude oil at $104 as Trump rejects easing Iran sanctions. What are experts saying?
Brent crude futures rose $1.14, or 1.11%, to $103.73, while US West Texas Intermediate crude gained 15 cents, or 0.30%, to $89.50 a barrel. Brent