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Monday, June 20, 2016

CRUDE OIL UPDATES FOR JUNE 20 2016

MONDAY




WEEKLY UPDATE



Crude Oil last week dropped from 3300 levels to 3120 levels and closed at 3193 levels,



it has taken supports at 3120 levels and recovered back trend for the commodity remains



bearish but sell either near resistance or below supports we expect prices to give a



sharp breakdown below 3100 to test 2900 levels, due to some local policy changes



inr may get weaker which will support the prices of crude oil in Indian Rupee.



But sell on rises or below breakdown is advisable.




Weekly Call :




Sell Mcx Crude Oil near 3280 – 3310



with SL above 3370



for targets 3200 – 3150 – 3100.(High Risk)\




Sell Mcx Crude Oil only below 3100



and add further on rises up to 3130



with SL above 3220


for target 3000 – 2950 – 2900.(Low Risk traders)




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Sunday, June 12, 2016

CRUDE OIL UPDATES FOR JUNE 12 2016

SUNDAY


WEEKLY UPDATE




Crude oil was highly trading in the same range between 3220 – 3440 for last three weeks ,



prices opens week in the first session then recovers back to 3440 levels and then dropped



back to 3300 levels very strong resistance for the commodity is now at 3440, supports for



the commodity is now at 3220, if we see the weekly chart technically it shows a clear



sell so we suggest to sell the commodity on rises between 3300 – 3350



with SL abv the resistance for target 3100.




Weekly Call :



Sell Mcx Crude Oil between 3300 – 3350



with SL above 3440



for targets 3200 – 315 0 – 3100.



We are now on Whats app



You can ask us any Technical levels u want in any commodity in the MCX



We will give you FREE ONLINE TECHNICAL SUPPORT .


This will help you in your trading .


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9840948540

Thursday, June 9, 2016

CRUDE OIL UPDATES FOR JUNE 9 2016

THURSDAY 6.00 PM IST




CALL UPDATE



MCX Crude oil Tgt 1 Achieved at Rs 3385



cmp Rs 3380



Sells at Rs 3412 to 3418



Book further profits .