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Wednesday, February 18, 2009

MARKET ALERT ON FEB 18 8.55 PM IST

As forecasted earlier MCX March Crude is now at Rs

1883.

Low risk traders can book profit.

Others hold with cost as trailing stoploss for the

target of Rs 1850.

9 comments:

raj said...

sir, can u pl give updates for menthaoil as ihave buy at 537. or atleast guide me. thank u

akshaya said...

ATTENTION MR RAJ
We could definitely provide you with the necessary technicals on Mentha oil.
We will give the necessary details in the morning before market opens.
AKSHAYA

Anonymous said...

thankyou sir, is crude likely to go above 2000 today ?

chiranjeevi said...

dear sir
crude is trading @ 1900 levels will it sustain at this position or will it go down i had long @ 1950 please advise me.

chiranjeevi said...

when will crude inventory come because today it suppose to come na.

akshaya said...

ATTENTION MR CHIRAMJEEVI
Crude inventory is expected tommorow.
Prefer to exit long before inventory tommorow.
Crude has support Rs 1850 and Resistance is at Rs 1940.
AKSHAYA

akshaya said...

ATTENTION MR WILIAM
Crude is only looking bearish.
It is having immediete resitance at Rs 1995.
AKSHAYA

akshaya said...

ATTENTION MR RAJ
The outlook for mentha oil seems only bearish.
It has support at Rs 501 and if it breaks that it can test Rs 490.
AKSHAYA

akshaya said...

RAJ,

YR QUERY ON MENTHOIL, BULLISH ABOVE RS. 512 FOR TARGETS 520 AND 525, SL 505.
AKSHAYA