CrudeOil important levels to watch are as follows 📍 Support: 6020 📊Sell below: 6020 only on 15 minute candle closure below the level. 📉Target 1: 5970 📉Target 2: 5900 📍 Resistance: 6100 📊 Buy Above: 6100 only on 15 minute candle closure Above the level. 📈Target 1: 6145 📈Target 2: 6200 📈Target 3: 6250 ⚡⚡ Remember each level will act as a support and...
Nifty Analysis Recap from yesterday: “I do not wish to change Nifty’s stance — I still prefer to look for long-only trades. However, 21341 would be the laxman rekha for me tomorrow also.” 4mts chart link - click here Nifty does another gap-up today which is sold into falls over 142pts ~ 0.66% to hit an intraday low of 21337 before reversing. Quite...
Inverse H&S pattern. Expecting 6300 Above break of blue resistance line fresh long
buy crudeoil for the target of 6750-7663-8556-9399-10005-12900 with closing stoploss below 5047 small closing stoploss 5290
Crude has been bullish since morning. We can buy 5900 CE in crude for hero zero if it sustains above 5910
CrudeOil important levels to watch are as follows #Support: 5870 Sell below: 5870 only on 15 minute candle closure below the level. Target 1: 5820 Target 2: 5740 #Resistance: 5955 Buy Above: 5955 only on 15 minute candle closure Above the level. Target 1: 6010 Target 2: 6080-6085 => # Remember each level will act as a support and resistance...
News Based: Post-CPI Inflation data 3.1% rise in November YoY - Massive sell-off of Crude was seen. Higher oil prices contribute to inflation directly and by increasing the cost of inputs. Hence, we can see a massive crude oil sell-off. Technicals 5755 is a crucial level if Crude sustains below we can see a massive downfall as seen in the image
BankNifty Analysis BankNifty had a better price action today than Nifty. In the sense that the down move was more stable and compelling. Since yesterday we said we would love to go neutral below 47000 - we are changing the status now. 4mts chart link - click here Even though the day’s low was only 47004, I would prefer to go with the status change because of 2...
Crude Oil Mini Intraday Prediction Levels for 7 Dec 2023 The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price . They are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone/Line or after break down and close below the Support zone/Line. These levels act...
CRUDE has fallen a lot to the 70 levels. We have seen some relief today Downside : if breaks the Trendlyne with closing below 70 then we can see the day low and if breaks the the day low then 67.40 is possible Upside : If 15 minute candle closes above 70.49 then we can see good upside with Targets 71.50 and after that 73.00
Upside - If Candle 15 Minute Candle Closes Above 72.70 we can see 73.50 and goes above then further rally Downside - If Candle closes Below 72.30 then we can see 71.60 and so on
Crude oil prices experienced a decline, reaching the lowest point since November, attributed to a growing surplus in supply. Despite the OPEC+ official announcement, oil prices have maintained relative stability in the aftermath. Participants within OPEC+ are recognizing the missed opportunity and attempting to mitigate the situation through additional comments,...
Crude Oil Mini Intraday Prediction Levels for 5 Dec 2023 The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price . They are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone/Line or after break down and close below the Support zone/Line. These levels act...
Crude Oil Mini Intraday Prediction Levels for 4 Dec 2023 The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price . They are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone/Line or after break down and close below the Support zone/Line. These levels...
CRUDEOIL FUTURES IMPORTANT LEVELS FOR UPCOMING SESSION 29-11-2023 Triangle Patter on breaking crucial levels position can be taken. :)
CRUDEOIL LOOKING WEAK AS PER ANALYSIS Moving Average Observations: Price below 50-day, 100-day and 200-day Moving average. RSI Observations: The Daily RSI indicator has remained below 50. This is a bearish zone. Current Daily RSI reading is 42.43. ADX Observations: The Daily DMI position remains bearish. Donchian Channel Observations: Price is below middle...
I am expecting crude to hit 130.00 within the first two quarters next year. Sharing the long term bias
Hi friend Usoil in the buy zone This is accumulation zone so buy as much as you want here Big big target December january upside