Wednesday, 2 March 2016

Crude Analysis 02-Mar-2016

CMP 34.07


02-Mar-2016
As long as crude supported by 32.2/30.5, I expect to see 35, [35.4-35.55], 36.05-36.25, 36.5 (done), [37.5-37.6], 37.8, 38.48, 39.28.

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.
http://rajmarketresearchanalysis.blogspot.in/2016/02/crude-view-18-feb-2016.html


14-Feb-2016 to 02-Mar-2016



Some interesting Charts at W4:

Chart 1 - Move from the low 42.42

Chart 2 - Move from the low 26.04

Chart Comparison:



Does crude going to make it again? If so what is expected from here?

As long as crude supported by 32.2/30.5, I expect to see 35, [35.4-35.55], 36.05-36.25, 36.5, [37.5-37.6], 37.8, 38.48, 39.28.

Let us wait and watch.