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Tuesday, February 10, 2009

UPDATE

MARKET ALERT AT 2.30 PM FEB 10

MCX FEB COPPER ; CMP RS. 1942, LIKELY

TO TEST RS. 1892, RESISTANCE IS AT RS.1966.

6 comments:

viji said...

where i can see live chart for mcx crude

mcxclient said...

how to calculate the rate of crude in $ is it crude rate/dollar rate then if its then what will be the dollar rate?

akshaya said...

viji,
to get live rates you need to get an ODIN terminal from a broker.LIVE CHARTS CAN BE GOT ONLY ON SUBSCRIPTION BASIS FROM BROKERS.
AKSHAYA

akshaya said...

KARTHI,

RATE OF CRUDE IN DOLLARS IS CMP RS. 1943 DIVIDED BY INR/ DOLLAR RATE APPROX RS. 48.70 = 39.9 $ APPROX, PLUS OR MINUS 10 PERCENT IN RATES.
AKSHAYA

k said...

i sold 13 feb crude at US$ 1925.00 Do you think crude price may go below 1925.00 by today? What do you mean by short and long?

akshaya said...

K,
CRUDECMP RS. 1966 , HAS BROKEN CRUCIAL RESISTANCE AT RS. 1965, AND AT THIS POINT IN TIME GETTING BELOW RS. 1925 WILL BECOME CLEARER AFTER NEW YORK OPENS AT 7.30 PM.
LONG MEANS BUY POSITION AT LOWER LEVELS HOPING TO SELL AT RISES AND SHORTS IS SELLING AT HIGHER LEVEL HOPING PRICES TO COME DOEN AT WHICH RATE BUY WILL BE DONE.
AKSHAYA