Crude Present View 22-Sep-2015

UPDATE 01-OCT-2015

As per my previous analysis, Crude done  45.36, 45.88, High 46.30.

25-Sep-2015: I expect to see reversal between 46-47.2, Can sell with max sl 48.1, if we reach the reversal levels.

 Present Chart and its targets:

Targets: 43.21, 42.34-41.9, 41.2 - 39.65, Now for any Sell SL 48.1

 Update 25-Sep-2015

CMP 45.07
As long as 48.05 holds, I expect to see 42.34, 40.55, 38.55 positionally. For any sell, max sl 48.10.
If Crude supported by 43.70, I expect to see 45.36, 45.88, 46.39, 46.77, 47.1. For any buy, max sl 43.65.
I expect to see reversal between 46-47.2, Can sell with max sl 48.1, if we reach the reversal levels.
Thanks.

22-Sep-2015 - 8:49 PM IST

CMP 43.85/3046.


Still I am bearish with Crude.
As long as 49.32/48.41 resists, I expect to see 42.38/21, 42.22, 41.68, 41.19, 40.54. Below 37.80, heavy fall towards 34/28/21$.

Seller's SL strict to 48.45/3215 max.

Will be updating my view with more charts and tfs soon.