Friday, 2 October 2015

Crude Analysis 01-Oct-2015 and 02-Oct-2015

Update 06-Oct-2015 - 6:21 PM IST

CMP 46.67
As long as 47.06 resists, I expect to see, 45, 43.89, 43.1, 42.62, 41.91, 41.44, 40.72.

 

 

 05-Oct-2015

Still I am bearish, my sl strict to 47.1/48.15$ max.


03-Oct-2015

Update: SL 45.72 TAKEN OUT. HIGH 45.78. Now need to reanalyse my chart. Thanks

02-Oct-2015

CMP 44.59

As long as crude resisted by 45.72/47.06 I expect to see 43.70, 43.28, 42.70, 42.35, 42.22, 41.77, 41.19, 40.54, 40.30, 40.04, 39.35.



Trade Idea:
Sell Crude at cmp 44.59 with max SL 45.80/47.10 (max).
Targets: [43.35], 42.2, [41.34], 40.10, [39.35].

Below 37.83, as per my positional view, I expect to see 34, 28, 21.





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

Previous Analysis 22-Sep-2015 to 25-Sep-2015