yes on crude 6765--60 if hold abv thna mkt again mark 7000--7100+++ only blw 6760 stya than think correction till 6720--6680--- yes risk taker can buy on dipss with strong support sl more update soon stya tuned with us
gold silver crude nifty or bank nifty update blw all mkt which belong to mcx nse comex also stya tuned with us wia whtsup have patience who stuck wrong side tell here
Crude oil seems to have formed double bottom and is trading above neckline
1. RSI daily and weekly above 60
2. Breakout point at 6830
3. Rounded bottom on daily chart
Buy on Dips for a TGT of 7460 - 7690
SL can be either below 6830 or below point "C "
Disclaimer: I am not an expert, I just share interesting charts here. Ideas shared are not in any manner...
Crude oil inventory data was released on Aug 8th, with expected storage of 0.567M barrels.
Actual storage reported was 5.951M barrels, indicating an oversupply compared to expectations.
The disparity between expected and actual storage suggests potential market shifts.
Supply and Demand Impact:
The surplus in crude oil supply suggests weaker demand or...
Crudeoil important levels to watch are as follows
#Support: 6880
Sell below: 6880 only on 15 minute candle closure below the level.
Target 1: 6830
Target 2: 6795
#Resistance: 6960
Buy Above: 6960 only on 15 minute candle closure Above the level.
Target 1: 7020
Target 2: 7085
#Demand Zone: 6880-6910 may act as a buying zone and price may bounce from the...
As Per daily chart Analysis and technical Analysis Looks Like MCX:CRUDEOIL1! will face Resistance near 6900-6910 level if its break then another Resistance Will be 7150-60 and if its break with volume then possibly it will test 7600,7700 level.
Option Trade buy Crude Oil 6950 CE 17 Aug Near 95, Sl 55, target 160,190
Time Frame 5-7 Days
Best regards
Ajay Metha
crude nxt up side in my view only sustain abv 7015 or close abv thna 7160-7300++expect yess let see wht happen geopolitical tension rise in black sea more update soon if any doubt tell in cooment
Crudeoil important levels to watch are as follows
#Support:6915
Sell below:6915 only on 15 minute candle closure below the level.
Target 1:6850
Target 2: 6770
Target 3: 6670
#Resistance: 6965
Buy Above: 6965 only on 15 minute candle closure Above the level.
Target 1: 7040
Target 2: 7090
#A bearish harmonic pattern has been drawn on the chart along with...
So long as 6970 is not broken, stay Long. 6984 is a crucial level, if this is not broken, expect a target of 7074.
It is only for educational purpose. Author is not registered Analyst with SEBI or any other Regulatory authority. Does Analysis based on GANN, Waves , Fibonacci and uses his own Leading indicator.
It makes analysis and execution very...
Crudeoil important levels to watch are as follows
#Support:6620
Sell below:6620 only on 15 minute candle closure below the level.
Target 1:6560
Target 2:6520
#Resistance:6700
Buy Above:6700 only on 15 minute candle closure Above the level.
Target 1: 6760
Target 2: 6850
#Demand Zone: 6620-6650 may act as a buying zone and price may bounce from the region...
Crude oil appears to be bearish in the near future. This conclusion can be drawn from various data points, which we will examine sequentially:
Chart Patterns: Upon examining the continuous contract chart pattern for crude oil futures in the daily timeframe, we notice that the price has reached resistance, as depicted in the accompanying image. Furthermore, the...
Thisis only my view . in 1 day time frame crude oilnear the break out if 1 day candle sustaion above form the level then go for long in this with stoploss of break out point
Crude Oil important levels to watch are as follows
#SUPPORT: 6670
#RESISTANCE: 6720
#buy above 6720 with a strict trailing Stoploss as per your risk appetite. Expected targets mentioned below:
Target 1: 6755
Target 2: 6800-6810
#Sell Below 6670 with a strict trailing stoploss as per your risk appetite. Expected targets mentioned below:
Target 1:...
