Wednesday, 6 May 2015

NYMEX Crude View 6-May-2015

As long as crude restricted by 61.10, I expect to see 60.50, 60.30, 59.8, 59.5, 59.30.


Trade Idea: High Risk Sell Crude at cmp 60.89, SL 61.15, TGTs: 60.50, 60.30, 59.8, 59.5, 59.30. AGAINST THE TREND.
Trading against the trend is always risky.


 Above 61.1, I expect to see 61.35, 61.90 n my other positional targets: [62.20], 62.50, 62.67, [63.10].

As long as 58$ supports, BUY ON DIPS is my strategy.
[62.20], 62.50, 62.67, [63.10].
[62.20], 62.50, 62.67, [63.10].