Friday, 19 February 2016

Crude view 19-Feb-2016

Crude morning view:
Cmp: 32.62.
As long as crude resisted by 34.2, 35$, I expect to see lower lows in place.
As per my analysis, we have completed the complex correction at 34.2$ level. If we break this crude may show 35/36.3/37.1$.

Trade Idea:
Sell crude with max SL 33.4/34.2/35$ for 31/27/25/23/21/19/17.91$ positionally.

All the best.