Tuesday 19 August 2014

MCX Crude Positional View Update 19-Aug-2014

1-Aug-2014
Long term positional targets: 5933, 5852, 5784, 5719, 5640, 5584, 5363, 5300, 5085.
CMP was 6006
http://freetradingcallss.blogspot.in/2014/08/positional-view-mcx-crude-01-aug-2014.html

18-Aug-2014
As per my positional view of crude, I expect down side targets 5789, [5780-5766], 5699, [5660-5640], 5583, 5556, 5403, 5335.
http://freetradingcallss.blogspot.in/2014/08/crude-positional-view-18-aug-2014.html

 
19-Aug-2015
CMP 5844.
Crude Resistances: 6065, 6273.
Downside targets: 5824, 5805, 5767, 5725, 5676, 5642.



Update 9:57 AM:
If the correction is not over at 5900 and if 5824 supports, we may see 5900, 5925, 5945, 5960-5980. Sell on rise is the stratgey.

Risky Buy cmp 5844, SL 5820, TGT 5890, 5910, 5925, 5945, 5960-5980. Below 5824, Crude weak.