Crude oil is running in a channel. Crude oil is moving in a fixed channel. If you get a chance to buy near support line go for long in crude oil, as mentioned in earlier blogs we are bullish on crude oil untill it achieves a target of ₹ 6500. Do follow our stop loss stretagy.
Broke out on weekly chart Support at 105 RSI at levels of 66 Hold for targets - 133, 172
* 1.272 ABCD * 1.414 ABCD * 1.414 XABCD * hammer candle on daily * Divergence on 4 HR * double top in formation * higher oil inventories * RSI overbought on daily * 83$ strong support became resistance from 2012
Levels are mentioned on the chart for the short and long term as well . Trade with given levels . Follow for more in the future.
#Crudeoil Oct Short Sell at CMP- 6090 SL- 6124 Target- 6005, 5970, 5925 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
View for crude Can buy 6100ce looks good for tomorrow can reach 6200+ in future Risk reward is more than 1:1.5
TVC:UKOIL crude oil chart has shown major breakout on monthly chart which represent long term bullishness in crude oil.
Now Its Time to Sell Crude Oil at 6100 Target 5970 and 5845
TECHNICAL ANALYSIS In October 2018, Crude Oil prices touched the level of ₹ 5600 on MCX but after that they sharply fall to ₹ 3000 same year in December. Further last year during the lockdown crude oil fell to ₹ 1100 on MCX in April 2020 and rose to ₹ 5600 this year in July 2021. Journey from ₹ 5600 in Oct 2018 to ₹ 3000 in April 2020 and again to ₹ 5600 in...
Crudeoil is on a strong uptrend. Good buy on a dip on daily charts. COT Data still strong. Comments on chart
COALINDIA me ek head an shoulder type sa dikhi rha hai aur daily time pr hammer type se hai ,
This is my view of CRUDEOIL. This is not investment advice.
Sharp Fall is Expected in Natural Gas. As it has taken resistance at rising trend line on Weekly Charts. Historically NG forms Rounding bottom formation and now it completed its cycle. see charts for detailed analysis about the forecast.
Brent oil prices consolidate the heaviest daily loss since late August, not to forget reversal from November 2014 levels, while picking up bids to $81.70 during early Thursday. The oil benchmark refreshed the multi-day top the previous day but overbought RSI joined firmer USD to drag the quote towards the first negative daily closing in six days. However, the...
MX: CRUDEOIL1! crude oil break resistance and take retest support go for long
Buy ONGC Closing Price - 119.4 Small SL - 116.9 Long SL - 109.9 (Weekly Closing Basis) Target - 150 One Can Buy Future With Small SL
Natural gas range is default range is elevated to 3$, hence we can expect the same 3$ level from the current levels, patience is the key. Take calculated risk after deep analysis. as the liquidity is low at higher levels repeated Sl hunting will happen.Trade with cautious