Tuesday, 2 June 2015

Today's Calls and Views 02-Jun-2015

02-June-2015
3:45 PM IST
CMP: 60.91
As long as crude resisted by 62.57, I am bearish and expecting to see 59.52, 58.81, 58.26, 56.50, 55.07, 54.18. 52.75.
Break of 59.33 needed for down move.


Alternate View:
If crude breaks 62.57, I expect to see 63.4, 66, 67, 68.9. Support 56.50.



For any buy SL: 56.50
For any Sell SL 62.65.

 I am still bearish and expecting lower levels.
Sell can be initiated at cmp 60.78 with max sl 62.65 for downside targets.




2:58 PM IST: CRUDE SL HIT.

[6/2, 2:46 PM] ckacraj: High risk sell crude below 3900, sl 3920, tgt new low.
[6/2, 2:47 PM] ckacraj: Call active, wait for TGT or SL. ALL THE BEST.



6:58 AM IST
Morning View: Sell Crude at cmp 3826 or on rise 3834-3850 or at any price, SL 3870/3880 (max), TGTs: 3801, 3789, 3765, 3755, 3734, 3713, 3701, 3689.
Breakout Levels: 3880/3786.
All the best. Never hold if SL hits. TRADE AT YOUR RISK.



5:28 AM IST
Sell crude at cmp 60.22 or between 60.35-60.55, max SL 60.75 strict, TGTs: 59.89, 59.34, n other targets.