crudeoilbuy crudeoil for the target of 6750-7663-8556-9399-10005-12900
with closing stoploss below 5047
small closing stoploss 5290
Crude
crude likely to go down 5-10% more price has been making lower low and lower high
after getting resisted from 0.7 fib from the higher time frame
crude is likely to fall more 5-10% there is such major support until 6000-5600 levels
only high risk player can go short and more conservative players wait and go long as of our levels
CrudeOil Important levels to watch !! CrudeOil important levels to watch are as follows
#Support: 7025
Sell below: 7025 only on 15 minute candle closure below the level.
Target 1: 6960
Target 2: 6860
#Resistance: 7130
Buy Above: 7130 only on 15 minute candle closure Above the level.
Target 1: 7200
Target 2: 7290-7300
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Crude Oil Important levels to watch !! CrudeOil important levels to watch are as follows
#Support: 7385
Sell below: 7385 only on 15 minute candle closure below the level.
Target 1: 7320
Target 2: 7240
#Resistance: 7475
Buy Above: 7475 only on 15 minute candle closure Above the level.
Target 1: 7525
Target 2: 7580
Target 3: 7680
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
CrudeOil important Levels to watch !CrudeOil important levels to watch are as follows
#Support: 7045
Sell below: 7045 only on 15 minute candle closure below the level.
Target 1: 6930
Target 2: 6750
#Resistance: 7204
Buy Above: 7204 only on 15 minute candle closure Above the level.
Target 1: 7300
Target 2: 7460
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
CRUDE update and sideways levelsafter volatile days and a breakdown price or trading in crude is likely to go sideways based on technicals and cahrting POV
(no news adjusted or considered)
so if you interested in tarding crude
buy at 6800-900 and sell at 7300-400
Nifty...Brent Crude... The Fundamentals and the Technical aspect
In our previous updates I had mentioned that Brent crude above $90 can be a cause of worry.
The current chart set up for Brent crude suggests it can go above $100
The Fundamentals
If crude is heading higher, it could add pressure on Indian Imports.
At the same time, the recent Quarterly results of our major IT export companies are not encouraging enough to suggest that it would be able to offset the Balance of Trade.
As a result it could increase India's trade deficit and if the rise in oil prices is passed on to the consumer then it would impact inflation as well.
The Technical aspect
Nifty so far is trading above 21 day EMA ( currently around 19684 ) and 63 day EMA ( currently around 19515 ).
If Nifty stays below 63 day EMA for 3 consecutive days, we could see Nifty trending lower possibly towards 18820 odd levels .
There you go... Current scenario and Important levels have been discussed...
Hope it is helpful...
Take care & safe trading..
Do Like if you find it useful
Follow for more trading ideas...!!!
Disclaimer
-The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Brent Crude: Set for 104-108The chart set up suggests support around 85-87 odd levels
Minor resistance around 98 and eventual target for the set up could be 104-108
Risk::Reward ratio favors to go Long
Take care & sage trading..!!!
Disclaimer
-The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Crude Oil Important Support and Resistance Level For 11-Oct-2023The Marked area's are major support and resistance level for Banknifty Intraday, also called PAM Areas.
When price come to these area we can expect either reversal or breakout from the given area's.
So planning a good trade will occur only in the marked areas, when price is in middle, we have to wait for the price comes to the marked PAM Areas
CrudeOil Important Levels to watch ! CrudeOil important levels to watch are as follows
#Support: 6900
Sell below: 6900 only on 15 minute candle closure below the level.
Target 1: 6800
Target 2: 6680
#Resistance: 7000
Buy Above: only on 15 minute candle closure Above the level.
Target 1: 7065
Target 2: 7180
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
CRUDE short trade setupon hourly chart crude is making lower highs
price opened gap down and made a pullback
candles on 15m looks weaker on green side and strong on red side
indicating selling pressure
next support or target will be 7300-7200
CrudeOil Important Levels to watch !CrudeOil important levels to watch are as follows
#Support: 7460
Sell below: 7460 only on 15 minute candle closure below the level.
Target 1: 7420
Target 2: 7360
#Resistance: 7570
Buy Above: 7522 for scalping and buy above 7570 for directional trade only on 15 minute candle closure Above the level.
Target 1: 7650
Target 2: 7760
#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
Follow us for more such information and educational ideas. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#If you are Unable to trade properly and dissatisfied with your manual trading results due to busy schedule or "Fear & Greed" emotions Algorithmic trading can be the most useful solution kindly follow us and join us using details mentioned below the idea.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Short Crude oilThe 200 MA and the key pivot levels are all aligning. This also looks like an inclined head and shoulder pattern. The level marked on the chart is a very important level and as long as the market is below the level we expect the selling pressure to continue on the commodity.
CrudeOil important levels to watch !
CrudeOil important levels to watch are as follows
#Support: 7460
Sell below: 7460 only on 15 minute candle closure below the level.
Target 1: 7400
Target 2: 7315
#Resistance: 7560
Buy Above: 7560 only on 15 minute candle closure Above the level.
Target 1: 7645
Target 2: 7740
#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
Follow us for more such information and educational ideas. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#If you are Unable to trade properly and dissatisfied with your manual trading results due to busy schedule or "Fear & Greed" emotions Algorithmic trading can be the most useful solution kindly follow us and join us using details mentioned below the idea.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Fuel Your Wealth with CrudeOil !! CrudeOil important levels to watch are as follows
#Support: 7050-7055
Sell below: 7050 only on 15 minute candle closure below the level.
Target 1: 7000
Target 2: 6950
#Resistance: 7080
Buy Above: 7080 only on 15 minute candle closure Above the level.
Target 1: 7125
Target 2: 7190
#Demand Zone: 6960-6990 may act as a immediate buying zone, and price may bounce from the region marked in green on the chart.
#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
Follow us for more such information and educational ideas. Give it a like if you appreciate the idea. Queries will be answered in comment section.
Fuel your Wealth with crude oil !! Crudeoil important levels to watch are as follows.
Currently, CrudeOil is moving in a parallel channel since 23rd August. Meanwhile current important levels are as follows.
#Support: 6750
Sell below: 6750 only on 15 minute candle closure below the level, next immediate support can be expected at day Low which is marked in dashed line.
Target 1: 6690
Target 2: 6640-6420
#Resistance: 6771
Buy Above: 6771 only on 15 minute candle closure Above the level.
Target 1: 6820
Target 2: 6875-6890
#Demand Zone: 6600-6630 may act as a immediate buying zone, and price may bounce from the region marked in green on the chart.
#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stop-loss in order to protect your capital.
Follow us for more such information and educational ideas. Give it a like if you appreciate the idea. Queries will be answered in comment section.
CrudeOil Important Levels to watch !!Crudeoil important levels to watch are as follows
#Support: 6420
Sell below:6420 only on 15 minute candle closure below the level.
Target 1: 6350
Target 2: 6240
#Resistance: 6560
Buy Above: 6560 only on 15 minute candle closure Above the level.
Target 1: 6630
Target 2: 6760
#Demand Zone: 6450-6420 act as a immediate buying zone, and price may bounce from the region marked in green on the chart.
#Supply Zone: 6680 - 6630 may act as an immediate selling zone, and price may reject from the region marked in red on the chart.
#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
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Possible short in crude oilCrude oil is forming a slightly inclined head and shoulder pattern but it is still a clear pattern. The target is quite low as measured from the pattern. There is a small support before the target and that is the place where we can get some halt which is around 6334. But apart from that the target aligns nicely with a support level from where we can expect a good bounce. 6550 could be a great entry if it arrives, though the current levels are not too bad either to take a staggered entry using the mini lots.
Crudeoil important levels to watch !
Crudeoil important levels to watch are as follows
#Support: 6600
Sell below: 6600 only on 15 minute candle closure below the level.
Target 1: 6550
Target 2: 6490
#Resistance: 6675
Buy Above: 6675 only on 15 minute candle closure Above the level.
Target 1: 6730
Target 2: 6790-6810
#Demand Zone: 6600-6630may act as a immediate buying zone, and price may bounce from the region marked in green on the chart.
#Supply Zone: 6815-1790 may act as an immediate selling zone, and price may reject from the region marked in red on the chart.
#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
Follow us for more such information and educational ideas. Give it a like if you appreciate the idea. Queries will be answered in comment section.
CrudeOil Important levels to watch!Crudeoil important levels to watch are as follows
#Support: 6600
Sell below: 6600 only on 15 minute candle closure below the level.
Target 1: 6570
Target 2: 6520
#Resistance: 6675
Buy Above: 6675 only on 15 minute candle closure Above the level.
Target 1: 6740
Target 2: 6860
#Demand Zone: 6600-6620 may act as a immediate buying zone, and price may bounce from the region marked in green on the chart.
#Supply Zone: 6740-6770 may act as an immediate selling zone, and price may reject from the region marked in red on the chart.
#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
Follow us for more such information and educational ideas. Give it a like if you appreciate the idea. Queries will be answered in comment section.
Crudeoil Important levels to watch. Crudeoil important levels to watch are as follows
#Support: 6810
Sell below: 6810 only on 15 minute candle closure below the level.
Target 1: 6740
Target 2: 6670
#Resistance: 6890
Buy Above: only on 15 minute candle closure Above the level.
Target 1: 6950
Target 2: 7030
#Demand Zone: 6810-6820 may act as a immediate buying zone, and price may bounce from the region marked in green on the chart.
#Supply Zone: 6870-6890 may act as an immediate selling zone, and price may reject from the region marked in red on the chart.
#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
Follow us for more such information and educational ideas. Give it a like if you appreciate the idea. Queries will be answered in comment section.
CrudeOil Important Levels to watchCrudeoil important levels to watch are as follows
#Support: 6880
Sell below: 6880 only on 15 minute candle closure below the level.
Target 1: 6830
Target 2: 6795
#Resistance: 6960
Buy Above: 6960 only on 15 minute candle closure Above the level.
Target 1: 7020
Target 2: 7085
#Demand Zone: 6880-6910 may act as a buying zone and price may bounce from the region marked in green on the chart.
#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
Follow us for more such information and educational ideas. Give it a like if you appreciate the idea. Queries will be answered in comment section.
CrudeOil Important levels to watch. Crudeoil important levels to watch are as follows
#Support:6915
Sell below:6915 only on 15 minute candle closure below the level.
Target 1:6850
Target 2: 6770
Target 3: 6670
#Resistance: 6965
Buy Above: 6965 only on 15 minute candle closure Above the level.
Target 1: 7040
Target 2: 7090
#A bearish harmonic pattern has been drawn on the chart along with its entry and stoploss level. As per the pattern it can be expected that price may face rejection at the top. Once the top is taken off again it is recommended to exit short positions or the top can be used as a stoploss.
#Demand Zone: 6620-6650 may act as a buying zone and price may bounce from the region marked in green on the chart.
#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
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