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.
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3 comments:
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
RUNSGAME,
CMP 1975, RANGE LIKELY TO BE $ 36 TO 43. WAIT FOR CALL.
AKSHAYA
RUNSGAME, CRUDE LIKELY TO GO UP, PLS VISIT OUR CRUDE BLOG FOR LEVELS.
AKSHYA
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