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Friday, February 13, 2009

UPDATES ON FEB 13 2009

FEB 13 FRIDAY

SHORT TERM TREND : BEARISH

LONG TERM TREND : BEARISH

S1 RS 2056 , S2 RS 2025 , S3 RS 1985

R1 RS 2130 , R2 RS 2185 , R3 RS 2220

STAY SHORT AT RESISTANCE.

US Crude dropped nearly $ 1.96 o settle at $ 33.98

barrel , the lowest since Dec 19.

The commodity for trade under the MCX India ended at

Rs 2078 levels.

Crude fell 5.5 % to settle at the lowest point in 2

months , dragged down by swelling crude stocks in the

United States and concerns over the health of the

global economy.

Crude under the Nymex might find support at $ 33

and the resistance for the smae can be seen at $ 35.

2 comments:

Anurag said...

Can I Buy Crude April Lot

cmp (2270)

For Target 2400 [In 4-5 Days]

akshaya said...

ATTENTION MR ANUURAG
There is no specific buy call right now.
Will infm you as and when there ia a confirmation.
AKSHAYA