SWING TRADE IN HINDPETRO NOVEMBER FUTURES BUY@214.5 STOP@205 TARGET@228.5 LOT:1575 QTY:1 CLOSE ABOVE 220 WILL LEAD US TO BIG TARGETS
Long OIL in cash as per datanalysis and crudeoil pattern
Buy USOIL at cmp (71.30+) T1: 73.00 T2: 74.50 T3: 76.80 SL: 69.90
buy NATGASUSD AT CMP. 2.859(201.10) SL 2.706(187)CLOSING BASIS TARGET: 3.834(223)... 4.566(236) 3 MONTHS TARGET : 5.346(261) SL: 2.594(177)CLOSIN BASIS
Buy USOIL at CMP (73.70+) T1: 76.85 T2: 78.35 T3: 79.10 SL: 72
BRENT CRUDE LIKELY TO HIT USD 29 LEVELS
ONGC was sold on NSE with 5x more volumes than average. SELL ONGC at 151.5 with Stop-loss of 157 and Target of 139
CRUDE CMP NEAR 74.50 IF HOLDS 74.30 ON CLOSING CAN HIT 79.20 FILLING THE UPPER END OF THE BOX
Crude Oil weekly chart study. We see that the Fibonacci levels as well as the pitchfork boundary coincides and shows a strong resistance and a possible price reversal zone. RSI divergence also substantiates our bias. We will confirm the beginning of a new downtrend only after the wedge breakdown.