CRUDEOIL UPDATE | FEB 2 | MCX #CRUDEOIL || 2nd FEB || Intraday setup
🔸Timeframe: 1 hour
🔸Strategy: Short
Target - sustain below 6157
INVALIDATION above 6200
________________
The OPEC+ monitoring committee's decision to maintain oil-output cut plans and the expectation of a gradual reversal of cuts have provided support to oil prices. The high conformity among members adds to the market stability. This decision is likely to influence crude prices positively, as it signals a cautious approach toward increasing production.
Crude Oil Mini Futures
CRUDEOILM1! trade ideas
Crude Oil MCX Future for Today 01 Feb, 2024🛢️ CRUDE OIL 17 FEB FUT LEVELS 📊 - Trade Alert! 🚀
📅 Day Range - 172 Points
📈 Buy at 6396.3
🎯 Target 1 - 6419.3
🎯 Target 2 - 6485
💡 Add one lot at 6376
🛑 Buyer SL - 6345.7
📉 Sell at 6355.7
🎯 Target 1 - 6206.7
🎯 Target 2 - 6141
💡 Add one lot at 6406.3
🛑 Seller SL - 6406.3
Trade wisely and good luck! 📈💹 #CrudeOil #TradingAlert #MarketWatch #FinancialFreedom #CrudeOil #OilTrading #CommodityMarket #EnergyPrices #CrudeOilAnalysis #MarketPredictions #FuturesTrading #InvestmentTips #DayTrading #FinancialMarkets
CRUDEOIL MCX LEVELS
TIMEFRAME : 1 HOUR
Indicator Used: The analysis involves the use of the 100-day Exponential Moving Average (EMA), a common technical indicator in financial markets.
Sustainability Requirement: The focus is on whether the price of crude oil can maintain its position above the 100-day EMA.
Bearish Signal: If the price fails to sustain above the 100EMA, it is interpreted as a bearish signal.
Market Sentiment: Traders often use key moving averages to gauge market sentiment and potential trend reversals.
Possible Downward Trend: In this case, failure to sustain above the 100EMA suggests the potential for a bearish (downward) trend in crude oil prices.
#CRUDEOIL update 31st Jan || MCX || INDIAN MARKET🔶Timeframe: 1 hour
🔶 INTRADAY TARGET - Target: 6360, 6380
🔶Oil prices dipped due to weak Chinese economic data, but monthly gains are expected amid escalating Middle East conflicts. U.S. inventory data showed mixed results, while concerns about demand persist.
🔶Crudeoil inventory data at 9 pm today.
#CRUDEOIL Update || MCX || JAN 30thTimeframe: 1 HOUR
Bullish signals in the crude market! 📈 If #CrudeOil maintains levels above 6425, it could be a strong indicator for upward momentum. Keep an eye on the charts for potential bullish trends.
Geopolitical tensions in the Middle East boosted oil prices, with Brent crude up 0.21% at $82.57, and WTI rising 0.22% to $76.95
Crude Oil MCX Future Analysis for Today 29.01.2024CRUDE OIL 17 FEB FUT ANALYSIS
Technical Levels: Intraday Range: 183 Points
Buy at 6321.09
Target 1: 6494.09
Target 2: 6564
Additional Position: at 6299.5
Buyer Stop Loss: Set at 6267.91
Sell at 6277.91
Target 1: 6267.91
Target 2: 6198
Seller Stop Loss: Set at 6331.09
Analysis:
The crude oil futures for January 20 present a compelling opportunity with a suggested entry at 6321.09. Traders are advised to capitalize on potential gains by targeting 6494.09 as the first objective and 6564 as the second. To maximize profits, consider adding one lot at 6299.5.
It's crucial to manage risks, and for buyers, the recommended stop loss is 6267.91. Conversely, sellers should exercise caution and implement a stop loss at 6331.09 to mitigate potential losses.
The daily range projection stands at 183 points, providing traders with a clear framework to gauge market movements. Stay vigilant and adapt your strategy as the market unfolds.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Trading involves risks, and individuals should carefully consider their risk tolerance and financial situation before making any decisions. Always conduct thorough research and seek advice from financial professionals.
#CrudeOilFutures #CommodityTrading #EnergyMarkets #OilTrading #FuturesTrader
Crude Oil MCX Future Analysis for Today 24 Jan, 2024Crude Oil MCX 17 FEB Future Intraday Analysis for 24 Jan., 2024 for Future and Option Traders.
Day Range: 147 Points 📊
Buy Scenario:
Buy at: 6208.85
Average at: 6191.5
Target 1: 6268.85 🚀
Target 2: 6325 🎯
❌ Buyer Stoploss: 6164.15 ⛔
Sell Scenario:
Sell at: 6174.15
Target 1: 6087.15 🎯
Target 2: 6031 🔽
❌ Seller Stoploss: 6218.85 ⛔
#CrudeOil #OilTrading #CommodityMarkets #FuturesTrading #OptionsTrading #EnergyMarkets #TradingStrategies #TechnicalAnalysis #RiskManagement #MarketAnalysis #DayTrading #TradingSignals #FinancialMarkets #Investing #MarketVolatility #Derivatives #TraderTalk #TradingCommunity #MarketOutlook #PriceAction
Crude Oil MCX Future Analysis for Today 23 Jan., 2024Crude Oil Analysis: Intraday Levels and Targets
Introduction:
In this analysis, we'll focus on the Crude Oil 20 Jan Fut Levels, providing traders with specific entry and exit points for potential intraday opportunities. Please note that trading involves risk, and it's crucial to implement proper risk management strategies.
Buy Setup:
Buy at: 6213.21
Targets: 6368.21, 6432
Add one lot at: 6193.5
Buyer Stoploss: 6163.79
The buy setup suggests an optimistic outlook for Crude Oil, with a defined entry point at 6213.21. Traders may consider scaling in by adding one lot at 6193.5 to maximize potential gains. The specified targets of 6368.21 and 6432 present clear exit points, while the buyer stoploss at 6163.79 acts as a crucial risk management tool.
Sell Setup:
Sell at: 6173.79
Targets: 6161.79, 6098
Seller Stoploss: 6223.21
Conversely, the sell setup offers a bearish perspective, suggesting a sell entry at 6173.79. The targets of 6161.79 and 6098 provide potential exit points, while the seller stoploss at 6223.21 helps manage downside risk.
Risk Management:
Effective risk management is vital in trading. Traders should strictly adhere to the specified stop-loss levels, ensuring that potential losses are kept within acceptable limits. Implementing disciplined risk management practices is essential for long-term success.
Day Range Analysis:
Day Range: 167 Points
The day range of 167 points provides insights into the potential intraday volatility of Crude Oil. Traders should be aware of this range when making trading decisions, considering both the upside and downside possibilities within this specified range.
Conclusion:
In conclusion, the provided Crude Oil levels offer clear buy and sell setups, each with specific entry and exit points. Traders are encouraged to approach these levels with a comprehensive understanding of market conditions, and they should implement disciplined risk management practices.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own research and seek professional advice before making any investment decisions.
Crude Oil MCX Future Weekly Analysis for 22 to 26 Jan., 2024CRUDE OIL - 20 JAN MCX FUTURE WEEKLY ANALYSIS FOR 22 TO 26 FEB., 2024
📊 Technical Levels:
📈 Buy at: 6086.77
🎯 Buy Target 1: 6326.77
🎯 Buy Target 2: 6462
🔍 Add one lot at: 6045
📉 Sell at: 6003.23
🎯 Sell Target 1: 5889.23
🎯 Sell Target 2: 5754
📊 Weekly Range: 354
📈 Analysis:
Crude Oil futures are presenting a compelling opportunity for traders. The initial buying position at 6086.77 opens the door to substantial gains, with targets at 6326.77 and 6462. In case of a retracement, adding one lot at 6045 can enhance profit potential. Conversely, a sell position at 6003.23 has targets at 5889.23 and 5754.
📊 Weekly Range Perspective:
Considering the weekly range of 354, there is significant room for both upward and downward movements, providing traders with ample opportunities to capitalize on market fluctuations.
📈 Trade with Caution:
As always, it's essential to manage risk effectively and stay informed about market dynamics. Use appropriate position sizing and adhere to your risk management strategy.
Note: This analysis is for educational purposes and not financial advice. Trade responsibly.
#CrudeOil #Commodities #TradingAnalysis #FuturesTrading #TechnicalAnalysis #TradingView #FinancialMarkets
Crude Oil - MCX
Please read the notes on the chart and act accordingly.
Please read the notes on the chart and act accordingly.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
Available at supportHi.
Kindly read my note in chart.
Thank You.
Crudeoil is Neutral trading at current level, If it will get some crazy volatility then trend may shift to positive or negative.
Moreover we should not ignore any side breakout or breakdown.
Here is less chance to fake out or shake out.
All of mine details are subject to market risk, kindly take some advise on it from your analysists.
US Oil - Live Market
$ 73.63 is the crucial point for US Oil. So, long it is not broken, not to worry at all. Expect a level of 99.8 in the coming weeks.
Will keep you posted on daily levels.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
Crude Oil MCX Future Analysis for Today 19 Jan'24 📊 CRUDE OIL 20 JAN FUT LEVELS
📊 Day Range: 173 Point
📈 Buy at 6106.91
🎯 Target 1: 6258.91
🎯 Target 2: 6325
🔍 Add one lot at 6086.5
❌ Buyer SL: 6056.09
📉 Sell at 6066.09
🎯 Target 1: 6045.09
🎯 Target 2: 5979
❌ Seller SL: 6116.91
Trade with trends to turn green! Resiprocate your love by following and comment!
Crude ready for 6330 , 140 points profit running, On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Crude oilThe crude oil trade presents an enticing opportunity with a 1:3 risk-reward ratio, offering the potential for substantial gains. Investors can capitalize on silver's price movements, taking a calculated risk with the prospect of tripling their initial investment if the trade unfolds favorably. This favorable risk-reward ratio makes the silver market an attractive option for those seeking potential high returns relative to the risks involved.
Crude Oil - MCX
Price level of 6062 is crucial. In terms of US Oil $72.8 is the crucial level. Buy only above this level. For detailed note, please refer to notes on US Oil Chart.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.