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
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
CRUDE CMP NEAR 74.50 IF HOLDS 74.30 ON CLOSING CAN HIT 79.20 FILLING THE UPPER END OF THE BOX
Crude Oil weekly chart study. We see that the Fibonacci levels as well as the pitchfork boundary coincides and shows a strong resistance and a possible price reversal zone. RSI divergence also substantiates our bias. We will confirm the beginning of a new downtrend only after the wedge breakdown.
Crude Oil (USOIL) 15 min chart study - Triangle
STBT IN BPCL SEPT FUT SEPTEMBER FUTURES SHORT@370 STOP@375 TARGET@360 LOT:1800 QTY:1
Buy USOIL at 68.15 T1: 69.10 T2: 69.90 SL: 67.15
Buy USOIL between 71-70.25 T1: 72.50 T2: 74.25 SL: 69