Crude Oil Futures
CRUDEOIL1! trade ideas
NIFTY TECHNICAL CHART ANALYSIS 27th OctToday let's analyse the technical charts and study where we can see the Indian stock markets going in the coming days.
Nifty is trying to sustain above an important resistance zone and Banknifty is already trading above the resistance levels.
Also Crude cooling off is an good sign for the coming days.
Thanks.
Crude Oil Important levels to watch !! CrudeOil important levels to watch are as follows
#Support: 7385
Sell below: 7385 only on 15 minute candle closure below the level.
Target 1: 7320
Target 2: 7240
#Resistance: 7475
Buy Above: 7475 only on 15 minute candle closure Above the level.
Target 1: 7525
Target 2: 7580
Target 3: 7680
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
CrudeOil important Levels to watch !CrudeOil important levels to watch are as follows
#Support: 7045
Sell below: 7045 only on 15 minute candle closure below the level.
Target 1: 6930
Target 2: 6750
#Resistance: 7204
Buy Above: 7204 only on 15 minute candle closure Above the level.
Target 1: 7300
Target 2: 7460
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
CRUDE OIL MCX - OCTOBER 2nd Week PlanTime frame for study - 4 hr
Conclusion -
-- Continuous two Uptrend seen in crude till 7990 level
-- A correction wave of A,B,C seen till 6970 to 7010 levels for B wave
-- For C wave if any support taken near 6970 - 7010 then immediate target can be 7367 with some ups and down
This chart is only for educational purpose. Do your own study before taking any trades.
crude oil in its last phase of correction next tar 6200-7600in.tradingview.com
crude in its last leg of correction.
2 year impulsive rally
1 yr corrective consolidation
positive div on rsi
hammer at bottom
abv 6200 tar 6800-7600-8100-10000-11111
till it doesnt cross 6200 it can oscillate between 6200-5500-5200