CRUDEOIL Future Analysis Intraday Support level at 7180 and resistance level at 7296.
1st Support level : 7181
2nd support level : 7082
Energy Commodities
Natural Gas Long Trade Setup !TREND ANALYSIS & TRADE SETUP !
WAVE ANALYSIS !!
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for ENTRY CONFIRMATION !
Risk : Reward: 5-6 times.
Crude Oil: Bullish Momentum ContinuesCrude Oil (MCX)
Current Market Price: Approximately 7005
We have observed a significant bullish trend in crude oil over the past few weeks. Unfortunately, due to certain reasons, we were unable to provide updates during this period. Nevertheless, it is never too late to analyze the market.
We remain optimistic about crude oil's prospects today. Crude oil has recently experienced a notable breakout, leading us to believe that it may reach levels of 7260 and 7590 in the coming days.
For the time being, we will set our stop-loss at 6670, and upon reaching the levels of 6900-6910, we may consider adding positions.
Stay tuned for further updates as the market progresses.
crude oil intraday levels for tradingMCX:CRUDEOIL1! watch crude below 7155 for short trade till 7102 zone
OIL Long Term Buy OpportunityOIL India has broken >10 year high and presents a good long term buy opportunity
UK OIL Technical Analysis - The weekly outlook for UK Oil looks very positive and promising
- The base is getting matured on the weekly whereas the Daily base has already matured
- As of now waiting for the base to form and enter once you see a low getting taken out by huge demand
- My Bias over this is straight bullish and nothing else to consider
05 Apr - Nifty was Flat, BankNifty picked up momentum!Nifty Analysis - Stance Bullish ⬆️
Recap from yesterday: “Now take a look at the 63mts chart, and see where the reversal came from ~ 22295 levels. That is the main reason why we said a stance change is required only if 22295 is broken and since we did not do that, we continue to remain bullish.”
Nifty had no momentum today, but BankNifty had lots of it. Yesterday SPX & NDQ had a real down day and its spillover effects were visible during the opening minutes. We opened gap-down and then slowly recovered from that. There were no abrupt or wild movements for a change. That takes me to the next question, why did we really have a 300+ point fall yesterday? It was not because of RBI MPC, otherwise we would have passed the swing high. How many of you think it could be because of the worsening situation in the Middle East?
Today was an inside day with no real momentum and that does not mean that we are not bullish. We will keep an eye on the Global macros, if the news about the War widening in scope both in Ukraine and Israel is true then it could really kill the optimism. Just before the macros worsen - GOLD prices go up. An escalation of tensions will shoot up the OIL prices as well. At present, we have both.
USOIL is ready to rockUS Oil is at important zone formation of pole and flag pattern.If this sustain then we can see a good move. what is your view please comment it down. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature
Crude oil bearish engulfingOn weekly chart Crude is forming bearish engulfing pattern and at Bhoomi Maya's red band i.e. where any sell entry is activated.
Target green bands 5761 as T1
CRUDE-OILresist 82.50-82.00
support 80.50-80.00-79.59-79.00
watch carefully price in this areas and plan trade
natural gas futurenatural gas future
trade : long
buy call @ 147 above
sl @ 142
target 1 @ 160
target 2 @ 165
note :
this information is for education only
XTIUSD USOUSDresist. 83.00-83.30
support 82.00-81.00-80.00
watch carefully in this zone and plan trade
XITUSD CRUDE-OIL USOILSUPPORT 82.00-81.00
RESIST. 83.50-84.00
we can plan both side trade but according to me 84.00 if price goes there that one will perfect trade. i will wait for 84.00
Best buying level in Asian Paints !Asian Paints stock is making ascending triangle and in the pattern stock is making falling channel
Also Wekkly RSI is around the support which says we are around the support
Stock has strong support around 2800-2850
Also stock never breaks the weekly strucuture
we can see huge bounce from these levels
One can expect to give returns of 30-40% in coming weeks
Thank You !!
crudeoil uptrend movement. can expect a target of 88/89Symbol: USOIL
TImeframe 2 hours
Analysis Breakout from symmetrical triangle.
another pattern we got is cup and handle pattern.
Note: Education purpose
Crude Oil Analysis: Potential Rally Ahead Towards 6800Hey Traders,I'm keeping a close eye on crude oil as it appears to be gearing up for an interesting move. Currently, it seems like crude oil is heading towards the $6800 mark.The key level to watch out for is the Chanmep level. If we see a breakout above this level, it could signal the start of a significant rally.Keep a watchful eye on the charts and let's see how this plays out!Disclaimer: This is just my personal analysis and not financial advice. Always do your own research before making any trading decisions
USOIL is FightingUSOIL Which is showing a great opportunity USOIL is fighting with the resistance. what is your view please comment it down. We are NISM Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Naturalgas important levelsMoving inside a channel. Near term fundamentals doesnt favor sudden huge upmove but can move till the last downward breakout line before consolidating for the next upmove.
Real positivity is the increased demand for electricity generation which is happening and if thats the case with good summer heat, can see 250 by may or june itself.
