MCX CRUDEOIL - POSITIONAL LONG TRADE

Updated
Symbol - CRUDEOIL (MCX)

CRUDEOIL is currently trading at 5690

I'm seeing a trading opportunity on buy side.

Buying CRUDEOIL Futures at CMP 5690

I will be adding more if 5550 comes & will hold with SL 5420

Targets I'm expecting are 6320 - 6585





Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Trade active
CMP 5757

Long position active.
Trade active
Added more quantity at 5550

Avg buy price now is 5620
Trade active
CMP 5850

230 points in profits.
Holding with CTC SL.
Trade active
CMP 5920

300 points in profit now.
Trade closed manually
CMP 6020

400 points in profit now.
That's decent profit per lot. Big news lined up on Thursday & Friday.
Closing my position here now, will try to enter at lower levels again.
Trade closed: target reached
Target 1 - 6320 done.
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