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Tuesday, February 2, 2010

TECHNICALS FOR FEB 2
MCX FEB CRUDE OIL

SUPP: 3412/3390/3372

RES: 3456/3475/3498

WAIT FOR CALLS

5 comments:

manu said...

don't know whats driving the crude today.
yesterday night rally was due to some nigierian pipeline problems which cut supply as per CNN.

but today nymex doesn't show any rally where indian MCX crude gained 50 points almost.

I am having a short position and stuck now. :-(

akshaya said...

MANU, CRUDE SEEMS TO HAVE BOTTOMED OUT FOR NO, AND IS POSITIVE ABV 3475 TO 3515.
AKSHAYA

akshaya said...

manu, wait for data from us tonite for fresh positions,
akshya

creatio said...

dear sir i have been follwing yr blog , good work , i am a small trader , it is really help ful to me any feed back today , bcs i have a short possition ( feb 3469 and long in 3515 mar i don't know which ishould hold ) normmaly i don't hold anything
i just do intra day

akshaya said...

ATTENTION MR CREATIO
Prefer you hold the longs.
AKSHAYA