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Monday, February 9, 2009

UPDATE

MARKET ALERT

MCX FEB CRUDE OIL HAS HIT OUR TARGET RS.2020,

RECOMMENDED LONG AT 1957.

8 comments:

mohammed said...

sir now what is the view on crude

akshaya said...

MOHAMMAD,

THIS MORNING WE HAD PROJECTED TARGET RS. 2020, (when crude was trading at rs. 1957), next call will update. now trading at $ 41.15, only a closing below $ 40 will push momemtum down further, till then will be trading in 39$ to 43 $ band.
akshaya

mohammed said...

thanx a lot for ur comments

Aakash Goyal said...

at this price can i sell crude

mohammed said...

Attention KRISHNA,
COMMODITY ALERT DONT SHORT SELL CRUDEOIL BECAUSE CRUDE DAY MOVEING AVERAGE BREAK.....W8 FOR DIP BUYING & CONTRACT EXP 13 FEB 09

akshaya said...

ATTENTION MR KRISHNA
It is better not to sell crude at these levels.
Wait for confirmation to sell.
AKSHAYA.

viji said...

crude is suddenly down
any bad news

akshaya said...

viji,

profit booking taken place.
akshaya