TADAWUL:2222 SAUDI ARAMCO clean structure on chart. Extended wave 3 is completed. Now stock is on correction in wave 4 I think stock will take few more weeks to complete the wave 4 correction. Now I think there are more than 2 possibilities. I have shown 2 possibilities in chart. 1) First possibility is that stock is in wave 1 of extended...
ICOMDEX CRUDE OIL Timeframe: Monthly It is the ICOMDEX monthly timeframe chart where the price has started a new impulsive cycle from the low of 1270. The price has broken out 20 & 50 Exponential moving averages. RSI is snowing bullish momentum with a 56.97 level. Wave formation and Fibonacci relationships: Wave (2) retraced 38.2% of wave (1). Wave...
below is analysis of crudeoil (BCOUSD) please watch it carefully it looks like bearish in short term for upcoming 3-4 days.
CrudeOil important levels to watch are as follows #Support: 7045 Sell below: 7045 only on 15 minute candle closure below the level. Target 1: 6930 Target 2: 6750 #Resistance: 7204 Buy Above: 7204 only on 15 minute candle closure Above the level. Target 1: 7300 Target 2: 7460 => # Remember each level will act as a support and resistance individually so...
after volatile days and a breakdown price or trading in crude is likely to go sideways based on technicals and cahrting POV (no news adjusted or considered) so if you interested in tarding crude buy at 6800-900 and sell at 7300-400
Brent oil buyers take a breather after posting the biggest daily jump in six months as the overbought RSI (14) line prods the energy bulls below a three-week-old horizontal resistance surrounding $92.50. However, a clear upside break of the 200-SMA and bullish MACD signals suggest further upside of the black gold price. Hence, the quote is likely to cross the...
In our previous updates I had mentioned that Brent crude above $90 can be a cause of worry. The current chart set up for Brent crude suggests it can go above $100 The Fundamentals If crude is heading higher, it could add pressure on Indian Imports. At the same time, the recent Quarterly results of our major IT export companies are not encouraging...
The chart set up suggests support around 85-87 odd levels Minor resistance around 98 and eventual target for the set up could be 104-108 Risk::Reward ratio favors to go Long Take care & sage 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...
avoid LONG for crude as of now price likely to face resistance on 7400 and 7500 price will look to sweep liquidity from 6800 lvl fresh buying can be seen at 6652-50
Crude is basically going for 2022 Highs. Geopolitical concerns will fuel this rally. I am aiming for 118.00. Not Financial Advice(NFA)
hi every one natural gas is in the full uptrend so buy on dip CE or future Note : I am not sebi registered risk as per your capacity
The Marked area's are major support and resistance level for Banknifty Intraday, also called PAM Areas. When price come to these area we can expect either reversal or breakout from the given area's. So planning a good trade will occur only in the marked areas, when price is in middle, we have to wait for the price comes to the marked PAM Areas
Stock Analysis- Oil India. Learning on how to read the candles and enter in good momentum stock.
Nifty Analysis Recap from yesterday: “For Monday, I wish to continue my neutral stance but keep my options open for bullish moves. The moment 19776 is tested and broken — we can expect further participation to take Nifty much ahead. For the bears to make a comeback — the US markets have to close in DEEP RED today.” Nifty opened mega gap-down due to the shocking...
CrudeOil important levels to watch are as follows #Support: 6900 Sell below: 6900 only on 15 minute candle closure below the level. Target 1: 6800 Target 2: 6680 #Resistance: 7000 Buy Above: only on 15 minute candle closure Above the level. Target 1: 7065 Target 2: 7180 => # Remember each level will act as a support and resistance individually so there...
USDCAD remains pressured for the third consecutive day after reversing from a 6.5-month high marked last week. In doing so, the Loonie pair struggles to justify the recent run-up of the US Dollar, mainly due to the risk-off mood, as Canada’s main export item, namely WTI crude oil, jumps 4.0% on geopolitical fears surrounding the Israel war. Apart from the strength...
Natural Gas important levels to watch are as follows #Support: 266.1 Sell below: 266 only on 15 minute candle closure below the level. Target 1: 263 Target 2: 259 #Resistance: 270 Buy Above: 270 only on 15 minute candle closure Above the level. Target 1: 272.5 Target 2: 276.5 => # Remember each level will act as a support and resistance individually so...
Best Buy USOIL At Cmp 82.74 SL - 77.5 ( Daily Closing Basis ) Target - 102++