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
as per chart it looks too good for grab add in small qty, energy sector looks too much promising in last few days. SL 115 for short term and 110 for medium term investors looks good.
The XTIUSD has formed a very clear DOUBLE TOP pattern and is now expected to go through a reversal. According to our analysis, it will start moving downward and our next target will be 69.4. Happy Trading guys.
Natural Gas Travelling in trendline (down side)...once its breaks up side ,its move on 450-460 range.only criteria is closed buy above 435 at 1hr candle closing basis
Crude breaks the trend line in up side, once its breaks previous resistance(5675) it will move on 5750-800
us oil sell setup found with channel trading and market is lying on strong resistance
we found sell setup senerio for usoil o we can say wti right, so in this us oil technical analysis , i have shared my 4 to 5 scenrio in which i can see for selling pressure for us oil
Gas prices are rising globally. Similarly, ONGC and GAIL, are trading at higher prices. It will have a spill over effect on Gas infrastructure and distribution companies like Gujgas and IGL. Also Gujgas is trading at a crucial support price of 612/- Buy Gujgas with a small SL of 590/- and targets of 700 in 30 days. Positional trade.
as per our analysis USOIL gave the target of 76$ check the chart link below