Crude Oil Futures (MCX) – Intraday Analysis - 6th Oct., 2025

CRUDEOIL1!
Crude Oil is trading at 5,443 in a tight consolidation zone, oscillating between short-term support and resistance, with a neutral-to-slightly-bullish bias near the session high.

Bullish (Long) Setup
Long Entry (5,434):

Long positions can be initiated above 5,434 as the price consistently finds support here, creating a higher-low base.

Aggressive adds may be considered on strength above 5,426 (add-long band) if dips are supported with volume.

Upside Targets:

5,483 (Target 1): Key supply band and local swing high, where initial profit-booking is logical.

5,511 (Target 2): Extended target if momentum continues.

Stop Loss:

Keep stops just below 5,418, the immediate short entry zone, to guard against false breakouts.

Bearish (Short) Setup
Short Entry (5,418):

Short below 5,418, confirming breakdown of intraday support and flip toward sellers.

Downside Targets:

5,395 (Target 1): Major historical support and bounce area.

5,367 (Target 2): Deeper extension for continued weakness.

Stop Loss:

Cover shorts if price holds above 5,434, reducing exposure on failed break downs.

Neutral/Range Logic
Neutral Zone (5,439):

Acting as a pivot; price compressing here may result in whipsaw until a clear range breakout.

Wait for price acceptance above 5,443 or below 5,418 for trend alignment.