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Wednesday, January 28, 2009

UPDATES ON JAN 28 2009

JAN 28 WEDNESDAY

SHORT TERM TREND : BEARISH

LONG TERM TREND ; BEARISH

S1 RS 2110 , S2 RS 2060 , S3 RS 2010

R1 RS 2160 , R2 RS 2210 , R3 RS 2280

STAY SHORT AT RESISTANCE.

US Crude settled ast $ 41.48 down $ 4.15 or 9 % in the

biggest percentage loss since Jan 7 .

London Brent Crude settled down $ 3.23 or $ 43.73

a barrel.

Oil fell 9 % after bleak economic data from top energy

consumers the United States stirred demand concerns.

US Consumer confidence slipped to a record low in

January.

Crude under the Nymex might see support at $ 41

while the resistance might be seen at $ 46.

3 comments:

karthik said...

any calls for today tradin in crude oil if i wat to short wat will be best level thnk u karthik

akshaya said...

ATTENTION MR KARTHIK

MCX Feb Crude could test Rs 2000.
You could maintain a stop loss of Rs 2092.
CMP Rs 2075.
Any other query let us know. Would be glad to help.
AKSHAYA.

akshaya said...

ATTENTION MR KARTHIK

MCX Feb Crude could test Rs 2000.
You could maintain a stop loss of Rs 2092.
CMP Rs 2075.
Any other query let us know. Would be glad to help.
AKSHAYA.