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hindustan oil explorationshare name : hindustan oil exploration call type : poistional -I am posting this chart on monthly time frame because of I have to show support and resistance of this share. How beautifully everything is working - After forming a high of 400 in 2009 share is in a good downtrend - From 2012 and 2020 share is forming a range means it is in a consolidation phase 30-150 for a trend change - Share is also a forming pole and flag pattern to with a good retracement of 0.58 on fiboo - we can see targets of 285 in upcoming days - we can accumulate at this current level with sl of 145 - approachable targets 225,250, 285++ thanks
NSE:HINDOILEXPLong
by THINKLIKEATRADER
4
⛽ Crude OIL Traget MCX MCX:CRUDEOIL1! Here We Are Using Harmonic For Target, it's A Unique Way To Use Harmonic, Long Above previous candle high stop loss already given on the chart. Trade as per your trade setup. As we are just adding quantity, our holdings from very low levels. ******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
MCX:CRUDEOIL1!Long
by linesandlevels
3
Crude 3 possibilities 1 ResultIn my view cycle from Mar20 Low is completed with wave I red and now we are into formation of corrective cycle in 5-3-5 pattern ((A)) -((B))-((C)) black. Out of which ((B)) black is either completed as shown in BROWN path or can complete after one more leg up as shown in BLUE path or BLACK path. In either case we are expecting one more 5 wave down to ((C)) black once ((B)) black connector is done. Once 4706 level low made on 02DEc is broken that will confirm connector is made and based on that we will be able to identify the entry level for our Long position. and we will be entering Crude in Blue color area marked for at least a bounce or a reversal of trend.
MCX:CRUDEOIL1!Long
by profitadda
Unlocking The Next Targets of MCX Gold, Crude oil, & AluminiumGold Price Slowly Going Upside Key levels: 48113 - 47616 MCX gold has been moving under the range of 48113 - 47616. It's a very crucial point. We may see a continued uptrend ahead if it breaks and close above 0.382 retracement level. That can be up to 48260 - 48490 - 48600 - 48700. And if it breakdown the 0.5 retracement level, then we may see 47496 - 47300 - 47160. Kindly note, 47616 is strong support. ***Beware, Crude Oil Bulls - That’s the Beginning of the End*** Barrier: 6290 level Crude oil may keep running upward for the levels of 62360 - 6500+. To maintain an uptrend, it has to crossover the hurdle level of 6290 by closing above. And if it breaks the level of 6060, then wait for my update. ***Aluminium Is Going To Test Critical Technical Support Levels*** MCX Aluminium is coming back to the strong support of 226.6. Be ready to jump on it.
MCX:GOLD1!
by forextidings
Nine-month-old support line becomes crucial for Brent oil bearsBrent oil sellers cheer a clear downside break of 200-DMA and 50% Fibonacci retracement of March-October upside around 13-day low. While bearish MACD signals and descending RSI line, not oversold, favor the commodity sellers, an upward sloping trend line from March 23, around $68.70, is the key for the quote’s further downside. Should the commodity bears drop below $68.70, the 78.6% Fibo. and August month’s low, respectively near $66.20 and $65.10, will return to the charts before directing the British energy benchmark towards March’s low of $60.44. Meanwhile, an upside clearance of the support-turned-resistance confluence around $73.50 will aim for a 38.2% Fibonacci retracement level of $76.70 and then to July’s swing high near $78.50. In a case where Brent oil buyers manage to cross the $78.50 mark, the $80.00 psychological magnet and $82.80 will act as buffers during the run-up targeting the yearly peak of $86.60. To sum up, Brent oil bears tighten the grip but the ball may slip if the trend line support holds.
TVC:UKOIL
by MTradingGlobal