Some bad news is coming for RIL. it's related to the 'theft of gas' in bay of bengal. www.financialexpress.com
crude oil prices are heavily falling in past 3 - 4 weeks. we can see good quarterly results in oil-based industries. it will also affect petrochemicals prices. so take a watch on companies which are in this sector, or having petrochemicals as a raw material.
Will it hold the support this time? Lets see....
Resistance Becomes Support.....I am expecting WTI Crude to hold $55.
Refer chart. double top formation trend line breakdown also possible. Vijayaraghavan.K, Kovilpatti
all the important levels are mentioned in chart
I personally am bullish on rupee and bearish on USDINR , looking TO CREATE MORE SHORT POSITION!
Will wait for a week or more for the right time to short.
Just for testing Vijayaraghavan.K, Kovilpatti
let's C ..where it ll go...>>>> For more query comment below.. i ll happy to see your view, comment and feedback And follow for such more analysis ....