Crudeoil Short (04 Apr)Crudeoil Short (04 Apr)
RSI- 39
Sell at CMP- 7480 or at 7520
SL- 7630
Target- 7274, 7182
Join us, Learn more, Earn more
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
Oil
Currently Short time sell trend in Crudeoil April 4 2022Crude is on correction mode i feel, once break the trend will fly to new high levels marked 29-3-2022 chart.
Can safely play the game with todays level based on price action as well.
Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels. It is all your own risk.
#usoil buy entry - Intraday set upRefined Entry based on OB.
Entry point refined to give min Sl to max reward. better to view in 5 or 3 mins chart.
Crudeoil at a critical support Small stop-loss and a good target.
Crude broke out and probably gonna make it a support.
Crude Oil - Head and Shoulder playThis is a conventional chart pattern - Head and Shoulder on the bearish side. This set up is most likely rewarding when completes. Here in the example I have taken Crude Oil (MCX) as an example.
Profits are generally the height of the head from the neck line.
Crudeoil level for 29-3-2022Crudeoil seems short time sell trend in morning session. But I will try to find better buy on dip till the lower trend line safe.
Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels. It is all your own risk.
OIL INDIA LTD BUY SETUPOIL INDIA BUY SETUP
placing buy stop above green triangle, given good qtr and now setting up, as the general market is volatile and in downtrend, invest 1/2 of desired capital.
Crudeoil may create new high in forthcoming sessions Inverted head and shoulder pattern found in crudeoil, usually it is a low probability pattern. If it is valid pattern it will create new high in this week.
Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels. It is all your own risk.
Reliance IndustriesCurrently trading at 13% discount from all time high levels.
Reliance (TF=W) :
1. Stock has always respected 50 Weekly Exponential Moving Average
2. Constantly making the structure of HH and HL. Currently made Equal Low.
3. Negative Crossover of 5 and 13 Weekly Exponential Moving Average
Reliance (TF=D) :
1. It has made very strong bullish candles on Support with very good volumes
2. Negative Crossover of 5, 13 Days Exponential Moving Average
3. Currently at good levels for Long term investment. For positional trade, need to wait for some retracement to enter.
Additional Points:
1. Mutual Funds have increased holdings from 4.60% to 4.82% in Dec 2021 qtr.
US crude oil ... pin bar in 2 hour chartUS CRUDE oil paused near important fib ratio 50% & 61.8% near $116
if sustains above $116 than will see move towards $130
currently wave 2 (c) consolidation going on....
no shorting will be recommended till it is above $100
views are educational
OIL INDIA LTD -- INTRADAY SETUP -- 25/03/3022OIL INDIA LTD -- INTRADAY SETUP -- 25/03/2022
15 MIN CHART
1. Stock technically strong bullish indications RSI move above 60
2. MACD above Center on daily chart
3. BUY above falling channel breakout LEVEL above 237 For bullish trend confirmation
4. No trade if gapdown open more then 70-80 Points of nifty..reason RSI trend momentum .
BUY OIL INDIA LTD above 237 ( intraday )
TARGET 240-242-245
stop loss 232
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk !
HAPPY TRADING. !
Crudeoil level for 25-3-2022I dont want to take much risk until break the triangle. If break any side will give huge targets.
Note: Try to find a good price action patterns or any candle stick patterns in the zone to take entry with small stoploss.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels. It is all your own risk.
Crudeoil level for 22-3-2022It is better try to sell when exhaust buy pressure near 8900 zone.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels. It is all your own risk.
USOIL 1 HR Chart patterntwo scenerios in USOIL, if trend sustain is can go up to the marked range and if trendlines breaks, downside also marked range.
--Crudeoil levels for 17-2-2022I will be interested only after any breakout today.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels. It is all your own risk.
Crudeoil levels for 16-3-2022Crudeoil is in sell trend continue followed by a head and shoulder pattern, but it was not moved as per expected.
Until trend change keep sell on rise.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels. It is all your own risk.
Crude Oil : Can Cool down from here Crude Oil , please check my post on dated 04.03.2022. I was predicted that crude may cool down from level 122. after that crude high was129 and tested low 102. Now chart is forming H&S pattern which is reversal sign. So short again crude here and add more if rise up to level 114 near for target 95 soon.
Crudeoil levels for 15-3-2022Crudeoil in downtrend with the help of Massive head and shoulder. Here marked maximum possible reversal zones.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels. It is all your own risk.
Crudeoil Levels for March 14 2022 (Expecting Sideways market)Today totally market is not my range, expecting sideways today.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels. It is all your own risk.
USDINR AND CRUDE OIL Crude import accounts for nearly 20% of India's import bill. day by day if crude prices goes up, we will see major impact on INR, inflation and profitability of many companies. so if you are currency trader trade carefully.
Crude Should Fall and come back to 90$ and 100$ per barrelCrude after testing all time high should cool off a little and find a support between 90$ to 100$ per barrel. Weakly charts shows selling pressure. Moreever Russia Ukraine Tension are also easing.
Mighty Head & Shoulder in Crudeoil may drill the ground deeperIf this second H&S pattern valid, this level going to work till my last target.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels. It is all your own risk.
