sell crude oil at 3996 stop loss 4013 Target 3920
As seen earlier crude was moving long term upward direction. Which support was broken 3478 at MCX due to CORONA impact globally now again it comes in that channel with break out 3478 levels and Break downward channel resistance of 3844(not exact) at MCX also supported by Energy policy of BIDEN government. So I feel again crude can be seen in positive momentum. ...
Buy crude oil at 3807 Stop loss 3785 Target 2905
sell crude oil at 3850 Stop loss 3868 Target 3806
Buy crude oil at 3834 Stop loss 3820 Target 3870
Sell crude oil at 3900 Stop loss at 3920 Target 3847 / 3821
Sell crude oil at 3935 Stop loss at 3950 Target 3875
Buy crude oil at 3821 Stop loss 3809 Target 3880
crude oil sell at 3870 stop loss 3894 Target 3765
Sell crude oil at 2823 stop loss 3843 Target 3765
Sell crude oil at 3515 stop loss 3525 Target 3429 / 3395
Buy Crude oil at 3396 Stop Loss 3390 Target 3471
According to the daily chart of MCX crude oil, it is further advance for short-term investors. The retracement level of 0.618 is a perfect entry-level. In the previous update of crude oil, we have recommended buying many times. As per RSI & MA, it seems bullish. We will see soon target 1 and target 2 price after a short reversal. But if you want to...
CONTINUE: When MCX Crudeoil touch 4000 levels? - Part II According to the 4H chart of MCX crude oil, it's sharply moving upward. It's safe for intraday & short-term traders to take a position nearby the support trendline or 50 MA for the targets of 3600 - 3660 - 3700 - 3800 . But what if it breaks the support trendline? DMI is indicating collapse ahead. I...
BUY CRUDE OIL AT CMP 3402, STRICT SL - 3335, TARGET - 3700/3800/4100
CRUDE FORMED DOUBLE BOTTOM AS SHOWN IN CHART, AND RETESTING IT.. LOOKS BULLISH ABOVE 3500 RESISTANCE. EDUCATIONAL PURPOSE ONLY !
According to this chart, crude oil will keep moving forward and hit the following targets: 3600 - 4000 - 4400 - 4800 . Here value 1 of retracement will react as support. And consecutive breakout of this support is a direct sign of a downtrend. It can be up to 0.886 (2982) to 0.786 (2735). You can use it as a target.
crude oil sell at 3322 Stop loss at 3344 Target 3230