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Monday, January 26, 2015

CRUDE OIL UPDATES FOR JAN 26 2015

MONDAY



WEEKLY UPDATE




Crude Oil last week taken supports at 2800 and bounced to 3050 levels but could


not able to sustain at higher levels and dropped back to 2800 levels, '


strong supports at current levels is 2770 levels, any break below the


said level may have further correction up to 2500 levels , trend


remains bearish for the commodity.



Weekly Call :



Sell Crude oil only on a close below 2770'



with stops above 2900


for targets 2600 and 2500.

Friday, January 23, 2015

GM. MIXED MKT REACTIONS TO ECB SUPER STIMULUS/ BULLIONS OPEN FLAT/COPPER DOWN ARD 0.5%, COPPER REMAINS BEARISH BELOW 351 WEEKLY RES ABV 360 SUPP 348-345-341/CRUDE OPEENS UP OVER 1%/NAT GAS FLAT, OUR COMMENTARY 2 DAYS BACK NAT GAS WEAK BELOW 185 RES ABV 195 FOR TGTS 182-180-177, CLOSE BELOW 177 TO TGTS 170, BELOW 170 CLOSE MORE FREE FALL!!!/

Thursday, January 22, 2015

CRUDE OIL UPDATES FOR JAN 22 2015

THURSDAY 1.50 PM IST




TRADING CALL



Sell Crude oil mini 5 lots at 2933 to 2940



Stop loss above Rs 2975



Tgt 2900 / 2870