Sunday 19 April 2015

NYMEX Crude Positional View 19-Apr-2015

21-Apr-2015 5:11 AM IST
Now, as long as 55.75/54.85 holds support, I would like to see 57.8 (done), 58.9, 61.4 on the upside.
Strategy: Buy on dips, with SL 55.7 for the above targets.



20-Apr-2015 5:24 AM IST
As per my view, Crude may end this up move as an ending triangle to complete this up move.
Crude is in complex correction.




19-Apr-2015

Based on My Daily Chart, Base support is 50$.
As per my present chart, I expect to see 58.5, 59.5, 60.50 on the upside.

I expect, Big reversal to the downside after making the next wave up.

OLD Updates: http://rajmarketresearchanalysis.blogspot.in/2015/04/nymex-crude-view-updates-todays-view-14.html