30-12-2025

Technical Analysis Report: Crude Oil (MCX)

Date: December 30, 2025

Timeframe: Daily (D)

Instrument: Crude Oil Futures (MCX)

Pattern Identified: Symmetrical Triangle / Descending Consolidation (Bearish Bias)

 

Executive Summary

Crude Oil is currently trading within a well-defined symmetrical triangle formation on the Daily timeframe, developing after a prolonged corrective decline from previous highs. The pattern reflects market indecision and volatility compression, typically preceding a strong directional move. Given the prevailing lower-high structure the setup carries, as market is trading at major support level ₹4900-₹4700 and resistance of ₹5420-₹5700

Recommendation

If we get breakout of ₹5420

 

Buy above

Buy: ₹5420

Target: ₹5700/₹6200

Stoploss: ₹4900

 

Conclusion

Crude Oil remains in a compression phase, with price action suggesting distribution rather than accumulation. Traders should remain patient and allow the market to confirm direction through a decisive breakout. Risk management is essential given the potential for volatility expansion.

30-12-2025

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