mcx raj Dec 24, 2014 03:40AM GMT
POSITIONAL ANALYSIS OF CRUDE 24-Dec-2014. NYMEX Resistances: 59.02/58.51, Supports: 53.60/54.28/55.08. Above 59.10, I expect 60.3, 62.3, 64.51, 67.7.. Below 53.60, I expect 52.7/50.6/48.5/45.2.. From the Hourly Chart, if you notice Triangle is formed. I expect big move on any side breakout.. Crude not ble to make new highs/new lows and it is trading in a range.. Sellers Stop must be 59.2. Buyers Stop must be 53.5.
mcx raj Dec 24, 2014 03:41AM GMT
MCX. Resistance: 3730, Support: 3437. Above 3730 I expect, 3887/3995/4166. Below 3437 I expect, 3274/3161/2995. Sellers Stop 3735/40. Buyers Stop 3420.. Take Care Friends.
mcx raj Dec 24, 2014 03:44AM GMT
CMP 56.7/3609
