sell only if retests back keep your stops above the supply zone
Crude Oil was making higher highs and higher lows since February 2016, and finally broke the monthly resistance in December 2017 at $60. Since then it was topsy turvy ride towards high of $76.9. That bullish nature is still intact. It seems to us that it will again retest levels of $60.8-62 before starting another uptrend for levels of $85/$94. We are carrying our...
Crude Oil (USOIL) hourly chart study
SWING TRADE IN HINDPETRO NOVEMBER FUTURES BUY@214.5 STOP@205 TARGET@228.5 LOT:1575 QTY:1 CLOSE ABOVE 220 WILL LEAD US TO BIG TARGETS
Long OIL in cash as per datanalysis and crudeoil pattern
Buy USOIL at cmp (71.30+) T1: 73.00 T2: 74.50 T3: 76.80 SL: 69.90
Buy USOIL at CMP (73.70+) T1: 76.85 T2: 78.35 T3: 79.10 SL: 72
BRENT CRUDE LIKELY TO HIT USD 29 LEVELS
ONGC was sold on NSE with 5x more volumes than average. SELL ONGC at 151.5 with Stop-loss of 157 and Target of 139
CRUDE CMP NEAR 74.50 IF HOLDS 74.30 ON CLOSING CAN HIT 79.20 FILLING THE UPPER END OF THE BOX