CRUDE-OILresist 82.50-82.00
support 80.50-80.00-79.59-79.00
watch carefully price in this areas and plan trade
Oil
XTIUSD USOUSDresist. 83.00-83.30
support 82.00-81.00-80.00
watch carefully in this zone and plan trade
XITUSD CRUDE-OIL USOILSUPPORT 82.00-81.00
RESIST. 83.50-84.00
we can plan both side trade but according to me 84.00 if price goes there that one will perfect trade. i will wait for 84.00
Best buying level in Asian Paints !Asian Paints stock is making ascending triangle and in the pattern stock is making falling channel
Also Wekkly RSI is around the support which says we are around the support
Stock has strong support around 2800-2850
Also stock never breaks the weekly strucuture
we can see huge bounce from these levels
One can expect to give returns of 30-40% in coming weeks
Thank You !!
crudeoil uptrend movement. can expect a target of 88/89Symbol: USOIL
TImeframe 2 hours
Analysis Breakout from symmetrical triangle.
another pattern we got is cup and handle pattern.
Note: Education purpose
Crude Oil Analysis: Potential Rally Ahead Towards 6800Hey Traders,I'm keeping a close eye on crude oil as it appears to be gearing up for an interesting move. Currently, it seems like crude oil is heading towards the $6800 mark.The key level to watch out for is the Chanmep level. If we see a breakout above this level, it could signal the start of a significant rally.Keep a watchful eye on the charts and let's see how this plays out!Disclaimer: This is just my personal analysis and not financial advice. Always do your own research before making any trading decisions
USOIL is FightingUSOIL Which is showing a great opportunity USOIL is fighting with the resistance. what is your view please comment it down. We are NISM Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Nasdaq Index price action.As per chart Nasdaq showing reversal from support. It may run to test it's all time high soon.
Saudi Aramco Short Term ViewTADAWUL:2222
SAUDI ARAMCO breaks out of parallel channel after completing wave 3 extension.
Now I think it's in wave 4 the ideal correction measure for wave 4 is 38.2% of wave 3. maximum is 50% of wave 3. In this case it's possible that stock will correct to near 50%.
Now why 50% I'm saying is because there is strong support created on 14 jul 2022 at near 31.20 which will act as support.
See my next analysis for LONG TERM view.
Bullish bias on OIL ( 10% - 15% upside)the price might sweep some liquidity before moving up
near around 74 level sweep
the target comes out as 82 and 88
which comes near about 10-15% upside potential
not a trading advice just my outlook
considering other factors fundamentally
OIL | Investment Pick📊 DETAILS
Sector: Oil Exploration and Production
Mkt Cap: 38,539 cr
Oil India Ltd is engaged in exploration, development and production of crude oil and natural gas, transportation of crude oil and production of LPG. It also provides various E&P related services for oil blocks.
TTM PE : 6.56 (High PE)
Sector PE : 7.62
Beta : 0.77
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
1.51% away from 52 week high
Outperformer - Oil India up by 9.75% v/s NIFTY 50 up by 9.39% in last 1 month
📈 FINANCIALS
Piotroski Score of 8/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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US OIL BULLISH MOMENTUM DETECTEDUS OIL faceing a trendline support on week chat
Hence a good opportunity for all forex and CFD user to grab this one
It will be bullish for more than 1 mongth
Due to week chat analysis
Hence analyse yourself for short-term trade
just buy side only
Market is bullish
So trade only buy side on your trade setup
Oil India Limited - Long Setup, Move is ON...#OIL trading above Resistance of 502
Next Resistance is at 774
Support is at 334
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
ASIANPAINTS Breaking out 1 month of consolidation . Reasons To Enter : NSE:ASIANPAINT
1. Stock about to breakout after consolidating for a almost a month .
2. Crude Oil is going down , so considering the inverse correlation between crude oil and paint stocks , we can see demand going up as oil gets cheaper .
3. Stock closing above both 50-9 EMA
4.Breakout , retest already done . Now price might go up .
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The information provided is for informational purposes only and does not constitute financial advice. Investing in the stock market carries risks, and past performance is not indicative of future results. Individuals should conduct their research, consider their risk tolerance, and seek professional advice before making investment decisions. The accuracy and completeness of the information are not guaranteed, and the authors disclaim any liability for losses incurred based on reliance on this information.
CRUDE OIL LEVELS FOR UPCOMING SESSION 03-02-2024Lots of News and Up n Down. Will More fall be there in Crude or it will Consolidate here for sometime. We will wait for inventory Data and Any news
RED SEA NEWS and WAR NEWS will have major impact on this....
Till Enjoy weekend and do your study chart and levels is here.. :)
Crude likely to see 10% to 15% uptrend - #3price hovering between the order block from higher time frame
and other factors considering that crude is good option to go LONG
like to target near 6800 and 7200 levels
further updates will be add on as per market movement
In Demand Zone - Long bet on Crude [USOIL]Symbol : USOIL
USOIL is currently trading in a falling channel & consolidating in demand zone. Breakout of this channel & area will lead to a bullish upmove.
One can Long in USOIL at Current level 72.
SL : Below 70
Target : 75.50 - 78 - 82
LOOKING TO SHORT WTI AT AROUND 76.46The market is overbought at around 76.46, we are expecting a Sell off for about 200 points, This will also mark a weekly correction. The fundamentals are currently supporting this move.
The Tyre King MRF Done with Upside?? Then Downside Levels hereStock is down almost -9% from it's freak trade all time high 150233 dated 17 Jan. 2024
There is only strong resistance around 145800
All other unnamed green horizontal lines could be work as short term support to bounce back and profit booking from short postions.
If Green line broken down decisively then "Support becomes Resistance" theory suppose to be applied.
Disclaimer: Analysis & View are personal and for the educational purposes only. Trade at your own risk. We recommend consult your financial advisors and do your own analysis before taking any trade. Profit and Losses are subject to your own risk management and constantly changing market conditions.
CRUDE 4h sellside setupCRUDE 4h chart update as expected price have pushed up into the 4h extreme FVG if price give a structure change in 15min we can look for entry in short here.
CRUDEOil or USOIL . Breakout happened. Target expected is 77/78Symbol : Crudeoil or USoil
Time frame 30 min
Analysis:
Breakout happened on the resistance line with high volume. So we can expect a target of 77/78.
HOPE our analysis is adding value to your Trading Journey.
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
