Thursday, 29 January 2015

Crude Positional View 29-Jan-2015

As long as 46.40/49.07/51.72 resists, I expect to see 43.8, [[43.20]], 42.53, 41.81, 41.09, [[40.7]], [[37.90]], 37.40, [[35.40]].

Trade Idea:
Sell Crude at CMP 44.6 or on rise between 44.8-45.35 if you get, with strict SL 45.8/46.7 for
43.8, [[43.20]], 42.53, 41.81, 41.09, [[40.7]], [[37.90]], 37.40, [[35.40]].

First I would like to see 44.10.


As long as 2870/2830 resists, I expect to see 2762, 2720/2703, 2686, 2614.
Other Targets: 2548, 2503, 2450, 2337.

Sell Crude at cmp 2772 or on rise with Strict SL 2875/2850 for the above targets.