Next Forecast Crude continue to show an Side ways Pattern suggest its entering in time based pattern , One can Look to trade with in this side ways in Nov and Dec Futures Good luck by ShreeKrishna117
Crude Oil | Head & Shoulder PatternAfter a long rally and a series of higher highs & higher lows we are seeing Head & Shoulder pattern at the top of chart in CRUDE suggesting some correction in prices. MACD has also shown divergence, untill the price stays below neckline of the pattern we can see more decline in prices of Crude till 5900 to 5700. Break of the neckline and right shoulder will invalidate the pattern.Shortby karan_bagri3
MCS Crude Oil Technical AnalysisAt present Crude Oil on MCX is trading around 6210 with a day low of ₹ 6197 and made a high of ₹ 6244. Crude oil remained under pressure this week globally. If we talk on technical side, Crude Oil was running in a fixed channel since Septmber 2021, but on October 27th 2021, it closed below support line and yesterday on 28th Oct, it opened at 6180 with a gap opening of almost 200 points down from its previous day's high. OPPORTUNITY You can short crude oil around 6240 today with a stop loss of ₹ 6336 for a taget of ₹ 6065-5990.Shortby moneymarine0
Sell Signal at MCX Crude oil FuturesToday Sell Signal generated at MCX Crude Oil in the range 6360-6380. Long position holders check your positions.by IndexAceUpdated 0
uniknest Crude Oil ViewAll My Discussion And Analysis Are For Educational Purpose And Future References. Please Kindly Ask Or Consult Your Financial Adviser Before Taking Any Investment Or Trading. Thanks //Shortby satenderarao221
MCX Crude OilCrude Oil is running in channel since septmber, we many time initiated purchases near support lines but avoided short selling as Crude is in Bull cycle. We suggested you to buy near 6200 on 22nd Oct for a target of Rs 6500 which you may see tomorrow. In a few days crude may give another signal either for long or short position. We may soon see a trend reversal signal in crude oil. Stay connected with us for more updates.Longby moneymarine1
#crude can buy crude , Best buy near 6190 . and if sustain above 6320 then we can see other 200 points Rally!!Longby IKARAN1
MCX CRUDE OIL TRADING STRETAGYCrude oil is running in a channel. Crude oil is moving in a fixed channel. If you get a chance to buy near support line go for long in crude oil, as mentioned in earlier blogs we are bullish on crude oil untill it achieves a target of ₹ 6500. Do follow our stop loss stretagy. Longby moneymarine1
Double topWeekly Timeframe analysis shows a double top It's quite dangerous now to take any long position Just wait for retest of 1st target If support broken continue till 3rd Most probably 4th won't be achieved But let's see in favour it happens thn sign would be 3rd support brokenShortby HITZ_TRADERUpdated 1
CRUDE OIL INRFIB PRICE Cluster Works wonderfull. Buy @ 5766, TG1-5973, TG2-6120, TG3-6307, SL-5405Longby smartfinbizUpdated 1
#Crudeoil Oct Short#Crudeoil Oct Short Sell at CMP- 6090 SL- 6124 Target- 6005, 5970, 5925 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose. Shortby ashwinjethwani14091
CRUDE IS SIDEWAYS1. RSI is in overbought zone. 2. DOJI candles with lower high 3. upside 60400 target, 4. not week but one should enter when cross the all time high, or brent cores 84$ and close. 5. trading above weekly CPR. high chances of retracement .by vaidhynathdubey1
Crude View for crude Can buy 6100ce looks good for tomorrow can reach 6200+ in future Risk reward is more than 1:1.5Longby adityajain0220
CRUDE OIL TREND ANALYSISTECHNICAL ANALYSIS In October 2018, Crude Oil prices touched the level of ₹ 5600 on MCX but after that they sharply fall to ₹ 3000 same year in December. Further last year during the lockdown crude oil fell to ₹ 1100 on MCX in April 2020 and rose to ₹ 5600 this year in July 2021. Journey from ₹ 5600 in Oct 2018 to ₹ 3000 in April 2020 and again to ₹ 5600 in July 2021 ( shown in blue colour in graph) confirm the double top pattern with a resistant of ₹ 5600. On October 4th 2021, it gave closing at ₹ 5825 (above its major support of ₹ 5600) for the first time after Oct 2018 that confirmed the upward moment of crude oil. CONCLUSION We do not suggest you to make any fresh short position in crude oil at this level. However, making any long position at this level would also be very risk as the prices are not certain at this level, however levels around ₹ 6500 can be seen very soon in crude oil on mcx.Longby moneymarine0
Crude Going StrongCrudeoil is on a strong uptrend. Good buy on a dip on daily charts. COT Data still strong. Comments on chartLongby PradeepRajput0
Crude oil Oct ShortCrude oil Oct Short Bearish engulfing candle Sell at CMP- 5921 SL- 5978 Target- 5872, 5822 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose. Shortby ashwinjethwani1409Updated 115
CRUDE OIL RETEST GO FOR LONGMX: CRUDEOIL1! crude oil break resistance and take retest support go for long Longby vishalpatil11101
Sell Crude Oil 5523/- Crude rally looks need some breath , sell it ! looks like highs will hold for a bit Shortby UnknownUnicorn594594Updated 0
CRUDE MIGHT GO HIGH1. Cup and handle pattern on daily chart. ( handle is in under construction.) 2. china energy crisis. 3. rising dollar $$ 4. increasing bond yield 5. OPEC countries are unable to increase crude production as per demand All above are the indication of crude might see new high. one should look opportunities to buy.Longby vaidhynathdubeyUpdated 0
CRUDE Buy levels...04.10.2021 ( 1hr candle) Crude breaks the trend line in up side, once its breaks previous resistance(5675) it will move on 5750-800by albnsecurities550