MCX HNI Tips- Oil ticks up on weaker dollar

MCX HNI Tips- Crude oil futures edged higher on Wednesday with a weaker dollar underpinning the market, although gains were limited by expectations that US producers would boost output.

US West Texas Intermediate (WTI) crude oil futures were trading up 3 cents at USD52.51 per barrel at 0058 GMT. Brent crude oil , the international benchmark for oil prices, was up 4 cents USD55.51 a barrel.

MCX Free Tips- SELL CRUDE OIL JAN

BELOW 3510,

Target1- 3495,

Target2- 3480,

Target3- 3460,

StopLoss ABOVE 3540.