Saturday, 11 April 2015

MCX Crude Positional Analysis 11-Apr-2015

CMP 3216.

As per my Daily Chart, If Crude supported by 2952 I expect to see 3312, [3363], 3423, [3468], 3551, 3603, 3722, 3774, 3871, 4027, 4115, 4148.


Break of 3450, I expect big up move, but I expect it will restrict.

As per my view, we are in big correction and I expect the correction will end by next week.

Note: Wave 4 normally, make 23.6%.

Let us wait and watch.