Thursday, 18 February 2016

Crude View 18-Feb-2016

CMP 33.49$

Supports: 28.69/26$
Resistances: 50.91/43.59$.

Analysis as on 14-Feb-2016



As long as crude supported by 26.04/28.69$, I expect to see 35/35/.48, 36/36.46.

I expect to see reversal between 35%-37$.

Analysis as on 18-Feb-2016


Chart as on 18-Feb-2016



Still I expect to another fall below 26% and expecting minimum 21$ positionally.