Energy Commodities

Oil - Long Oil Price is expected to average at around $92 within a few weeks. Then depending on the global cues at that time we can have a much clear idea about whether it is going to rally further or crash. This is going to affect the profitability of the oil stocks in India and will affect their share price adversely. www.thebalancemoney.com

by Sniper-Traders

#USOIL it's possible to sell #USOIL for Price trading the 4hr resistance area and waiting for bearish candlestick formation in resistance area and the next candle close below the previous candle its will move to the next level support Why we like it Price trading the 4hr resistance moving to the next level support waiting for bearish candlestick formation Trading in channel 1st support: 75.68 Next Zone area & horizontal swing Low support 1st Resistance 96.53 Zone area & horizontal swing high resistance

by Skandhatrade

Crude Oil (MCX): Thursday - 01/12/22 Supports: 6500, 6325 Resistance: 6680, 6750 15th Dec Expiry OI Data Point: Major Call writing are in: 6800 : 2K 7000: 6.5K 7100: 2K Major Put writings are in: 6600: 1680 6500: 3400

by pradipandsuvra

WTI: Bears Are Outnumbering Bulls WTI has been forming a flat A-B-C correction. According to Elliott's wave projection, the oil future looks bearish. Oil Future has accomplished wave A at 193.17 , and sub-wave (c) of wave ((B)) is creating an ending diagonal. The ending diagonal is a formation of five waves. WTI is to occur in wave 5 of an ending diagonal. If you are a safe trader, you can trade after the breakdown of wave 4 at 110 . Your target will be 105-99-93 . Aggressive traders can sell when the price falls below 119 . If it goes above the parallel channel, wait for levels to appear. Thank you @Money_Dictators

WTI crude at support level for Bounce.WTI crude is at Support level. Trading with positive divergence it may bounce from here.

by tradetechnicalanalyst

IOC: Chart set up suggests Buy on Dips IOC The stock is in strong territory and has support at 73.5 / 68 Target for the current set up 79 / 84 / 90 Take care & safe 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

by indiamarketoutlook

NaturalGas Price Action This is a monthly timeframe analysis . After a Triangle Breakout, it hit the target and now retracing for the next movement . Levels $5-$6 acted as crucial support from the month of June . For further up move we can expect the price to consolidate some time and retest the demand zones (Support Zone Order Block) for a further up move . It might or not take a 3-4 years (2025-2026) to achieve its next target ($12). Note : This is just an analysis post based on the price action pattern for a decade and half(2008-2022) and not a trading idea itself .

by AdhiSudalaissj

wolf wave patten in crude oil this is awolf wave patten formation on oil can give some great return it one can follow the chart

#USOIL it's possible to sell #USOIL for Price trading the 4hr resistance area and waiting for bearish candlestick formation in resistance area and the next candle close below the previous candle its will move to the next level support Why we like it Price trading the 4hr resistance moving to the next level support waiting for bearish candlestick formation Trading in channel 1st support: 75.68 Next Zone area & horizontal swing Low support 1st Resistance 96.53 Zone area & horizontal swing high resistance

by Skandhatrade

Crude Long (25 Nov)Crude Long (25 Nov) RSI- 35 Buy at CMP- 6450 SL- 6405 Target- 6552, 6605 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.

by ashwinjethwani1409

#USOIL it's possible to sell #USOIL for Price trading the 4hr resistance area and waiting for bearish candlestick formation in resistance area and the next candle close below the previous candle its will move to the next level support Why we like it Price trading the 4hr resistance moving to the next level support waiting for bearish candlestick formation Trading in channel 1st support: 75.68 Next Zone area & horizontal swing Low support 1st Resistance 96.53 Zone area & horizontal swing high resistance

by Skandhatrade

Natural Gas Looking Bullish Above 602 Natural Gas Looking Bullish Above 602 can touch 610-620-640 respectively

Sell on rise User rise towards 7300-7350 to short with SL above 7550 for target 6300. Disc : It's not a recommendation to buy or sell. Do you research before taking any decision.

oil is boiling looks like a small breakout next resistance on another trend line but looks like oil is going to boil from here watch out

Crude Trade fore 22.11.2022 Follow levels and do accordingly. Only Future trade.

#USOIL it's possible to sell #USOIL for Price trading the 4hr resistance area and waiting for bearish candlestick formation in resistance area and the next candle close below the previous candle its will move to the next level support Why we like it Price trading the 4hr resistance moving to the next level support waiting for bearish candlestick formation Trading in channel 1st support: 75.68 Next Zone area & horizontal swing Low support 1st Resistance 96.53 Zone area & horizontal swing high resistance

by Skandhatrade

brent crude whats next?weak setup on charts ,can see more declines as it is in downtrend a dual top formation also took place near term support at 81 trading below key averages

FCPO | End of downside FCPO has been on the downside for an extended period, corrected huge. now we are looking for upside movement. as one can see RSI is also supportive, it may turn upside anytime soon.

CRUDE OIL FUTURES: LONG FOR SHORT TERM Hello, Welcome to the quick update on CRUDE OIL FUTURES. It is currently trading at Rs 6430. After making a rally, it is currently retesting the last support. We can see that it has taken support from Rs 6314 and it is acting as a strong support. We can take a long position in this future with a target of 6487, 6571, and 6715 for the short term and a long-term target of Rs 7039 to 7719. ENTRY: 6381 to 6410 TARGETS: 6487, 6571, 6715, 7039, 7719 STOPLOSS: 6300 This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits. Please like and share and comment on this idea if you liked it.

#USOIL it's possible to sell #USOIL for Price trading the 4hr resistance area and waiting for bearish candlestick formation in resistance area and the next candle close below the previous candle its will move to the next level support Why we like it Price trading the 4hr resistance moving to the next level support waiting for bearish candlestick formation Trading in channel 1st support: 75.68 Next Zone area & horizontal swing Low support 1st Resistance 96.53 Zone area & horizontal swing high resistance

by Skandhatrade

Natural Gas - Short term View Hello, This is a weekly chart of Natural Gas - on MCX. Weekly Macd is above zero line. Holding recent lows, cud trigger a good upside in NG in coming days/weeks. Probable target is around 750. SL for the trade would be around 450/435. CMP - 501. It seems a disaster for european countries is on its way in coming weeks. if this stands true.

by neostockmatrix

USOIL Trading Plan - 17/Nov/2022 Hello Traders, Hope you all are doing good!! I expect USOIL to go UP after finishing this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea

by For3xScalper

Natural Gas Resistance & Support Level Natural Gas Resistance Level is 495 & 520 & crucial Support Level is 465