* might go up with the support of Q4 results * fundamentally strong stock * Can see a huge gain in the upcoming days
Volume is increasing, Price is moving up. Volume is decreasing, price is coming down. This week crude may fall upto the support line.
Bullish sentiment can be witnessed on the last day of the week
Look for W patterns on US Chart Draw a Trend Line on Upper and Lower sides of W These Lines can give better view on resistance and support
We can go for buy and sell whenever the blue line reached
We can go for order when the blue line (buy/Sell) is reached .
Its just a view dont trade on this basis. Learing price action. Please correct if anything wrong.
Crudeoil formed Cup and Handle pattern at 28.5 USD and then moved up to the next resistance level of 35 USD. It has now broken that level and I feel that it will reach the next higher resistance of 45 USD in the coming week. I feel crudeoil is surely worth considering for a short term trade with 45 USD (3400 INR) as the target and also in intraday basis we could...
As per the chart, MCX crude oil is under bearish pressure for a short period. It may fall for 2600 – 2400 – 2160 levels. The long-term traders must keep their eyes peeled for a crossover into the S-RSI. The crude oil prices will fly into the sky. Be ready for 3200 – 3500 – 4000 levels.
crude oil mcx looks bearish unless it breaks the resistence of 2800 below 2600 we can short for the tgt of 2400 - 2250 the points and levels are for educational purpse only trade at your own risk pls like the page and share the chart
Targets assigned LONG TERM HOLDING SUGGESTED SL 85