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Monday, February 16, 2009

MARKET ALERT ON FEB 16 3.15 PM IST

MCX March Crude Oil is expected to test Rs 2130,

if it sustains above Rs 2080.

CMP Rs 2078

11 comments:

Anonymous said...

i have gone long in crude at 2083 is there still a chance of crude crossing 2100 / what should b the stoploss/

akshaya said...

WILLIAM,

CRUDE OIL MARCH : SUPPORTS ARE 2054, 2039 ; RESISTANCE IS 2130.
AKSHAYA

Aakash Goyal said...

at this stage any update about crude oil

Runsgame said...

i have two long bht at 2229. Shall I hold or book loss at 2130

chiranjeevi said...

dear sir

what can we expect crude in nymex tomorow, upside or downside in the opening.

Anonymous said...

now that crude is at 2045 should i quit long position or is it likely to come to 2085 ?

akshaya said...

ATTENTION MR KRISHNA
Looks bearish in the medium term and Rs 1960 is critical support and a nymex crude break out of $ 40 will rally crude to $ 43.
AKSHAYA

akshaya said...

ATTENTION MR WILLIAM
Crude has critical support at Rs 1960 and if these levels are sustained and a break out above $ 40 could push prices higher by at least $ 3 to $ 4.
AKSHAYA

akshaya said...

ATTENTION MR J
Crude has interim support at Rs 1960 and if it sustains above that proces could rally higher.
In the international market crude has strong support at $ 40 and if it breaks that it could test upto $ 43.
AKSHAYA

akshaya said...

ATTENTION MR CHIRANJEEVI
We expect some down ward movement in crude tommorow.
But we would be updating in the morning before market opening for the latest cues.
AKSHAYA

Runsgame said...

OK let us wait till 2 morrow and C