BORR's story is kind of like that of the 1849 California gold rush where those selling picks, shovels and pans made consistent and good money and sometimes more than the prospectors. Since they service the oil fields of several oil companies, they just grind out their margins of couse still suspectible to any boom or bust cycles of the oil /energy sector in...
There is a higher probability for a reversal from the short-term double top levels. The price of crude oil in the international market is expected to rise in the coming weeks. The inflation worries have also not subsided. The fact that the market has peaked, in spite of all these factors, adds to the possibility of a reversal in the price action, in the coming weeks.
Oil Stocks rallied in the past few days mainly due to the fall in international crude prices. This will in turn increase the profitability of the Oil Companies. But this scenario won't exist for long. The oil price will rise within a few weeks and the domestic oil price will not increase accordingly due to multiple factors like preventing inflation and the...
WTI Crude OIL very long term analysis - www.researchgate.net
BUY ITC ABOVE 280 TGT1-287 TGT2-291 TGT3-296 Closing base SL-273 How to follow our calls & earn maximum profit from our calls 1. You should always keep the STOP LOSS. In the market only SL will SAVE YOU 2. When Target1 is ACHIEVED TRAIL your SL to BUY/SELL PRICE. 3. Subsequently when Target2 is ACHIEVED TRAIL your SL to Target1. 4. Subsequently when Target3...
SELL BPCL FUTURES 27-6-19 BELOW 355 TGT1-346 TGT2-329 TGT3-302 Closing base SL-371 How to follow our calls & earn maximum profit from our calls 1. You should always keep the STOP LOSS. In the market only SL will SAVE YOU 2. When Target1 is ACHIEVED book 35% profit and TRAIL your SL to BUY/SELL PRICE. 3. Subsequently when Target2 is ACHIEVED book another 35%...
ONGC LONG S/R based and Double bottom