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Friday, February 6, 2009

MARKET ALERT ON FEB 6 FRIDAY 8.15 PM IST

As forecasted earlier MCX Feb crude achieved target of

Rs 1894.

Low risk traders book profit.

Other keep cost as trailing stop loss for further

target of RS 1869.

10 comments:

Anurag said...

Can i buy Crude At 1920

akshaya said...

ATTENTION MR ANURAG
There is no buy call in crude right now.
Sell call in crude is on and is expected to test Rs 1869.
As and when there is a buying oppurtunity will infm you.
AKSHAYA.

Aakash Goyal said...

ca i sell crude at this price 1920

akshaya said...

ATTENTION MR KRISHNA
We had given a sell call earlier in the evening around Rs 1945 to 1955.
Our first Target was Rs 1894 which is already achieved.
The second target is Rs 1869.
The stop loss is Rs 1989.
As the stop loss is now far away you can decide.
Crude is definitely looking bearish
AKSHAYA.

k said...

I HOLD CRUDE AT RS. 1995. MAY i KEEP IT HOLDING OR EXIT. WHAT IS SUPPORT AND RESSISTANCE LEVEL.

akshaya said...

k,

long or short at 1995.
akshaya

sasi said...

hi i am sasi , i have started commodity trading , but unfortunately i have hedge at crude on feb buy at 2278 and sell 2210 now how could make positive this trade.

akshaya said...

SASI,

PLEASE CLARIFY YOUR SELL NOW AT 2225 IS IN WHICH CONTRACT -IS IT MARCH.
AKSHAYA

viji said...

can i buy at 1948 level

akshaya said...

ATTENTION MR VIJI
Will infm as and when there is a buy oppurtunity.
AKSHAYA