Symbol : Crudeoil or USoil Time frame 30 min Analysis: Breakout happened on the resistance line with high volume. So we can expect a target of 77/78
Hi. Kindly read my note in chart. Thank You. Crudeoil is Neutral trading at current level, If it will get some crazy volatility then trend may shift to positive or negative. Moreover we should not ignore any side breakout or breakdown. Here is less chance to fake out or shake out. All of mine details are subject to market risk, kindly take some advise on it from...
Price have filled all the FVG in 4H chart and have given signs of continuation of downtrend. Jumping down to 1H chart we have trendline breakdown and re-test on OB+FVG done expecting price to keep pushing down.
Silver appears short term bullish after trapping all buyers.
PANAMA PETROCHEM is in consolidation and RSI is showing a reversal with trend shift. Any move above this green zone will lead to another 52Wk high. ENTER only if you can accumulate for sometime.
I am expecting a Upside rally in Crude Oil in next 2-3 months. The reason is after a big dip now Crude Oil is taking support at a Major support level and forming W pattern.
All factors seem to be falling in place for Indian Economy. And that will likely translate into huge gains for Indian currency, bonds and equities. This update speaks about the signals visible at the beginning of 2024.
CrudeOil important levels to watch are as follows 📍 Support: 6155 📊Sell below: 6155 only on 15 minute candle closure below the level. 📉Target 1: 6100 📉Target 2: 6050 📍 Resistance: 6225 📊 Buy Above: 6225 only on 15 minute candle closure Above the level. 📈Target 1: 6290 📈Target 2: 6355 ⚡⚡ Remember each level will act as a support and resistance...
crude is in buying momentum from yesterday and now as we can see it is taking rejection from the level of 75.00 and now making a range so if the range breaks then the buying level is 75.50 and remember their is a resistance at 76.00 so it's like a scalp trade. plan the trade accordingly with proper risk reward.
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis &...
Earlier, we had taken a long trade on crude oil based on trends. Now, a slight pullback is expected. I've marked the levels I'm playing with and my position. 6200 has been rejected many times already, and expecting it to be rejected this time as well. The targets are not much. I'm expecting only 3-4% in profit and -2% loss at max. Manage risk accordingly.
Crude oil has given a very good fall. But has it bottomed out? From the charts, we can see 5700 levels is where crude has formed the nearest bottom. Also, the swing high is 6000. I will go long if 6000 is taken out in the next couple of days. Otherwise, I will not be trading on crude.
Crude is in consolidating phase so as per the 30 min TF if crude is giving breakout and trade above 74.35 on 30 min candle we can plan BUY till 75.00. And if it goes down we have to wait for the 30 min candle close below 73.50 and we can get Target upto 72.80. We can get Trade around 13:30 (IST) Or 15:30 (IST) NOTE- The TF should be 30 min.
CrudeOil important levels to watch are as follows 📍 Support: 6020 📊Sell below: 6020 only on 15 minute candle closure below the level. 📉Target 1: 5970 📉Target 2: 5900 📍 Resistance: 6100 📊 Buy Above: 6100 only on 15 minute candle closure Above the level. 📈Target 1: 6145 📈Target 2: 6200 📈Target 3: 6250 ⚡⚡ Remember each level will act as a support and...
Nifty Analysis Recap from yesterday: “I do not wish to change Nifty’s stance — I still prefer to look for long-only trades. However, 21341 would be the laxman rekha for me tomorrow also.” 4mts chart link - click here Nifty does another gap-up today which is sold into falls over 142pts ~ 0.66% to hit an intraday low of 21337 before reversing. Quite...
Inverse H&S pattern. Expecting 6300 Above break of blue resistance line fresh long
buy crudeoil for the target of 6750-7663-8556-9399-10005-12900 with closing stoploss below 5047 small closing stoploss 5290
Crude has been bullish since morning. We can buy 5900 CE in crude for hero zero if it sustains above 5910