CrudeOil Day Trading Strategy [27 May 2020]

Updated
Shorting opportunity in MCX CrudeOil Futures if the price breaks the trend line and stays below the shorting zone.

SL: 2630, Target1: 2559, Target2: 2536

For the better time your entry, you can use a 1Minute time frame.

The analysis is valid for today only.

Disclaimer: All views and chart analysis shared are purely for knowledge and information purposes only. Our analysis is intended only to provide general and preliminary information to investors and traders.

It shall not be construed as the basis for any investment decision or strategy. Our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances.
Trade active
Trail SL: 2610
Trade active
First Target Almost Hit: 2566
Comment
1st Target Hit: 2559
Trail SL: 2595
Trade closed: target reached
1st Target hit. You can book partial profit and wait for the 2nd target by trailing your SL
crudeoilshortdaytradingintradaytradingmcx_commoditymcxcrudemcxcrudeoilSupport and ResistanceTrend AnalysisTrend Lines

Also on:

Disclaimer