Friday 15 May 2015

NYMEX Crude Analysis 15-May-2015

As long as Crude resisted by 60.82/61.83, I expect to see more down move.

But Crude is trading in a range between 60$-59.36$.
Above 60, I expect to see 60.09, 60.26, 60.39, 60.47.
Below 59.36, I expect to see 59.12, 58.85, [58.65], 58.39, 58.14.
Below 58.14, I am more bearish and expecting 57.9, [57.64], 56.88, 56.69, [55.65], [54.72] n more...

Buyer SL 59.30, Sellers SL 60.85/61.9

Sell on Rise is my strategy

1. High Risk buy Crude at cmp 59.67 or between 59.55-59.4, Strict SL 59.30 for 60, 60.1, 60.2, 60.4, 60.5. Made High only 58.89$

2. Sell between 60.2-60.5 with sl 60.85/61.9 max for targets 58.65, 57.64, 55.65, 54.72. View invalid, if crude breaks 61.9. - NOT ACTIVATED

3. Buy Above 60.85 for 61.15, 61.35, 61.72. - NOT ACTIVATED

4. Sell Below 59.35 with sl 60.85/61.9 max for targets 58.65, 57.64, 55.65, 54.72. View invalid, if crude breaks 61.9.
7:27 PM IST Low 58.42 as of now.

6:28 AM IST





6:32 AM IST

7:20 PM IST