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Wednesday, February 11, 2009

UPDATES

TECHNICALS FOR NYMEX TRADING FEB11

MCX FEB CRUDE

SHORT TERM : BEARISH

LONG TERM ; BEARISH

SUPPORTS ; 1830, 1760, 1710

RESISTACES ; 1890, 1930, 1980

SELL AT RESISTANCES

15 comments:

k said...

what do you suggest for april crude? Buy or sale?

akshaya said...

K,

WAIT FOR NEW YORK TO OPEN, TREND AS OF NOW BEARISH.
AKSHAYA

Anurag said...

When Does NEW YORK Market Open???

Should I buy Crude 1860

Cmp (1860)

06:51 Pm

akshaya said...

ANURAG,

NEW YORK OPENS 7.30 PM.
AKSHAYA - TODAY CRUDE INVENTORY DAY - TO COME AT 9 PM.

Anurag said...

What Is UR View ------

Report Will Be :

positive, Negative, Neutral

I Have Seen Market Start Reacting

Before Result Comes.
I Thing Some People Know Report
Befort 10 - 15 Mins.

akshaya said...

ANURAG,

THE REPORT IS EXPECTED TO SHOW PLUS 3 MBL ,WHICH IS LOWER THAN THE SURPLUS IN THE PAST 2 MONTHS.SO THIS IS POSITIVE FOR CRUD EPRICES.
AKSHAYA

mohammed said...

SHALL I BUY CRUDE @ 1850?

mohammed said...

if inventory is +3 then crude will move up or down

akshaya said...

MOHAMMAD,

THOUGH INVENTORY MAY BE IN SURPLUS THE MARKET EXPECTS THE SURPLUS TO KEEP COMING DOWN FROM NOW ON EVERY WEEK, BUT THESE REPORTS ALWAYS THROW UP SURPRISES!!!!!!

AKSHAYA

mohammed said...

shall i buy or sell crude (1860)

mohammed said...

will crude bounce back up?

mohammed said...

will crude bounce back up?

akshaya said...

MOHAMMAD,

WAIT FOR INVENTORY.
AKSHAYA

mohammed said...

ok akshaya thanx

akshaya said...

MOHAMMAD, SEE BLOG FOR SELL CRUD ECALL TGT RS. 1750, SL 1860.
AKSHAYA