Short OIL check chart for levels
Oil prices likely to climb up due to iraq sanctions. Stock has broken weekly support of 82.5. It should fall this week. Target 78 SL-82.5
Oil is favoring a long position owing to the trendline in the figure. The Risk:Reward is favorable.
Breakout above 69.50 may take to higher levels and looking good buy with a stop loss of 67.
RSI showing divergence which is a sign of breakdown. This fall is due to increase in supply from Libya. In my opinion oil should retrace back from 71$ or from 67$ and make new high in next 3-4 months. WINTER IS COMING!
Based on my "xRAM-Creator" predictive trading methodologies, its going to be a GREEN candle on 13-Jun-2018 for CASTROLIND Buy Above: 171.2 for targets - T1: 172.5 T2: 173.3 T3: 174.1 SL: 169.8 Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own...
i think the stock has shown a good run now its time to pause or rest a bit thus may see an uptick on monday in the first half but can be possible to see a good profit booking in the counter !!!! well thats what i think , not necessary market behave the way i think !!!!!
Based on my PredictiveSystem's signals, its going to be a GREEN candle on 11-Jun-2018 for CHENNPETRO Buy Above: 303.5 for targets - T1: 305.8 T2: 307.1 T3: 308.6 SL: 301.1 Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before...
Based on my PredictiveSystem's signals, its going to be a GREEN candle on 08-Jun-2018 for ONGC Buy Above: 173.1 for targets - T1: 174.4 T2: 175.2 T3: 176 SL: 171.7 Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any....
Morning star candlestick reversal pattern at the lower line of Broadening wedge is giving earlier sign of reversal of this down trending stock. RSI also coming back from the extreme oversold zone telling the buy, moreover the trade is available at small risk of one bar stop loss so one try his luck as under Entry 276 SL 262 Target 311 RR Ratio...
Refer above chart. MACD,CCI,&Stochastic will help to further move on upward direction. PSAR also turns sell to buy condition. Breakout also done in a Parallel channel. Vijayaraghavan, Kovilpatti.
Based on my PredictiveSystem's signals, tomorrow (16-Apr) its going to be a RED candle for NSE:BPCL Sell below: 404.2 Target-1: 401.3 Target-2: 399.6 Target-3: 397.6 Stop loss: 408.1 Note: These calls are based on my own analysis. It may or may not work well for you. So please carefully consider whether it is suitable for you and please do your own research...
Based on my PredictiveSystem's signals, tomorrow (05-Apr) its going to be a huge RED candle for NSE:BPCL Sell below: 413.4 Target-1: 409.7 Target-2: 407.6 Target-3: 405.1 Stop loss: 417 Note: These calls are based on my own analysis. It may or may not work well for you. So please carefully consider whether it is suitable for you and please do your own research...
Reasons for being bullish on OIL :- The last correction to $58 ended up forming Double bottom base formation RSI not hitting oversold level of 30 on daily charts Breakout above double bottom and retesting its neckline at $60.71 Forming a cup & handle formation and a break above neckline last friday Macd backing it up with a positive crossover Rsi above 50 adds to...
Please refer the chart for analysis. Thanks.
For targets of 1160 1180 bullish on the stock as despite selling in all counters the stock was successful in holding 1125 levels!
The stock is moving in the Rectangle nicely so one can buy at the bottom and reverse the trade in case it does not sustain and breaks out of the channel.