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Sunday, February 1, 2015

CRUDE OIL UPDATES FOR FEB 1 2015

SUNDAY


WEEKLY UPDATE



Crude oil in mcx was taking strong supports at 2750 levels and closed at 2853 levels


well above the resistance for the week ahead we expect prices to move forward to


test 3000 levels, immediate strong resistance is now at 2900 levels and supports


at 2810 and 2770 levels. Over all trend remains sideways to positive.



Weekly Call :



Buy Crude oil between 3810 - 3855



with stops below 2750


for targets 2930 and 3000.

Friday, January 30, 2015

CRUDE OIL UPDATES FOR JAN 30 2015

FRIDAY 9.20 PM IST



CALL UPDATE



MCX Crude Oil approaching Tgt 1 at Rs 2850



Buys at Rs 2822 And at Rs 2816



Book part profits


Current High Rs 2847

CRUDE OIL UPDATES FOR JAN 30 2015

FRIDAY 8.30 PM IST


TRADING CALL


Buy Crude oil 5 lots only above Rs 2822


Add further on dips to Rs 2816



Stop loss below Rs 2795



For Tgts 2850 / 2865