Stay cautious with longs and sell only when their is a breakout on lowerside breakout.
Crude was in a range for quite some time but it has given a breakout now. Buy on a retest of 63.85 levels with a target of 66.65
Crude is nearing a very important zone here, Looking at last year's profile, we are appearing near a crucial low volume node ( marked in red zone).we should 1. either have a breakthrough the zone, then we are looking for a serious uptrend here or 2. look for a failure and a reversal from this area back into this years volume areas.
Oil rich Kuwait is investigating to new segments of monetary organization with India to execute Kuwait's improvement plans with less reliance on hydrocarbon. Kuwait Ambassador to India Jassim Al-Najim, tended to national meeting as boss visitor in the esteemed Jamia Millia Islamia University in New Delhi. The tradition, themed "India, China and the Arab World...
Asian paints at a resistance level can break above if border market and crude oil support. If not reversal is confirmed.
Buy CrudeOil at 67.7 Stoploss 67.38 Targe 68.25 69.4
Expertcrudeoil.com - NYMEX, Brent Crude oil costs gain unassumingly Light, sweet raw petroleum costs picked up on the New York showcase Mar. 7 as did Brent unrefined petroleum costs in London in spite of markers of debilitating world financial development. The European Central Bank slice its 2019 development estimate to 1.1% from 1.7%. Already, the...
After the FALL the recovery rally halted at exact 61.8 % retracement OVERBROUGHT Indicator and Strong Resistance line supports our Analysis
MCX (Multi commodity exchange) is regulatory body of commodity market and commodity like base metals, valuable metals, oil,crude oil and gas are exchanged on it. Most effectively traded product over the MCX is gold and crude oil as all things considered of it are profoundly fluid in nature.Like other trade MCX has its opening and shutting time between which...
Sell CrudeOil 64.32 Stoploss 64.78 Target 63.7
Sell Crude at 66.6 SL 66.95 Target 66 65.35
Reliance has completed its short term correction and it has not crossed the crucial support of 860 even when Nifty Index is reaching new lows every days, Yesterday there was huge short covering, very soon we will see strong bullish rally in Reliance, Nifty has to be in green
Buy CrudeOil at 65.48 SL 65.25 Target 65.95
Risk: Reward is 5.9. SL 330 Target 375