We are now on Twitter

Follow us on Twitter

You can Tweet to us at

We are now on face book . Dear viewers we request you to like our page and if any queries you cld ask us there . we will get back .
We are now on Twitter

Follow us on Twitter


This is a new concept

If you need any technical support

You can Tweet to us at

Friday, February 20, 2009

UPDATES ON FEB 20 2009

FEB 20 FRIDAY

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BEARISH

S1 RS 1956 , S2 RS 1910 , S3 RS 1870

R1 RS 2030 , R2 RS 2075 , R3 RS 2115

STAY LONG FOR INTRA DAY

US Crude futures for March delivery fell to $ 38.90

a barrel while the London Brent for April delivery

dropped 55 cents to $ 41.44 a barrel.

The commodity for trade under MCX India last traded

at Rs 2125 levels.

Oil prices jumped 14 % to top $ 39 a barrel after US

Government data showed an unexpected fall in crude

inventories last week due to lower import and

higher demand.

Crude under the Nymex might see support at $ 37 and

resistance for the same may be seen at $ 41 levels

respectively.




\

3 comments:

Runsgame said...

whtz the present position sir
can i go for buy at these levels
or need to wait for call
i hav 2 shorts at 1986

akshaya said...

RUNSGAME,

CMP 1975, RANGE LIKELY TO BE $ 36 TO 43. WAIT FOR CALL.
AKSHAYA

akshaya said...

RUNSGAME, CRUDE LIKELY TO GO UP, PLS VISIT OUR CRUDE BLOG FOR LEVELS.
AKSHYA