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...
parallel channel with cup and handle formation. which mean continuation of prior trend.
Nifty Analysis - Stance Neutral ➡️ Recap from yesterday: “Remember how things were looking weak on the 8th and 10th of Jan and how Nifty turned from there? For tomorrow, the bullish stance continues and the first support will be the ascending channel top-line ~ 22050 levels.” 4mts chart Nifty hit a new top of 22124 today and just when everything was going in...
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.
• Buy MRPL at 155 SL 146 TGT 201 • It has broken 16 years cup • Successfully closed above previous resistance of 148.95 • Fundamentally looking good • Sector also supporting
Indian Oil Corporation Limited is engaged in refining business. The Company's segments include Sale of Petroleum Products, Sale of Petrochemicals and Other businesses. TTM EPS: 17.36 TTM PE: 5.43 P/B: 1.00 Mkt Cap (Rs. Cr.): 133,022 Dividend Yield: 3.19 Sector PE: 30.01 Book Value Per Share: 94.73 Some Positives: Strong Momentum: Price above short, medium...
Silver appears short term bullish after trapping all buyers.
Long in Oil India With SL 377 Triangle Breakout Might continue Previous Rally and that is how Market runs ... Rally-Consolidation-Rally Risk Disclaimer - Trade at ur own Risk
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 Natural Gas to touch 300 in next couple of months. And if 300 breakout happen, it may reach 400. (Pure Price Action Analysis)
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.