Thursday, 22 May 2014

Crude View 22/05/2014

Today I expect Crude Down Move (abc correction) . If 6139 restricts, Down targets: 6096(23.6)-min, 6069(38.2), 6047(50) - 6026(61.8), 6010(70.7)-Reversal Point, 5956(100%). SL should 6145. Let us See. Let us See. We also need to consider INR movement. Need to wait for the market open for confirmation.