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Tuesday, February 21, 2017

CRUDE OIL UPDATES FOR FEB 21 2017

TUESDAY 4.25 PM IST



TRADING CALL





Buy CrudeM at 3655 - 3660



SL below 3633




Tgt 3690 - 3710,



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Monday, February 20, 2017

CRUDE OIL UPDATES FOR FEB 20 2017

MONDAY



TRADING LEVELS FOR THE WEEK



MCX CRUDE OIL



SUPPORT 1 3530




SUPPORT 2 3456




SUPPORT 3 3378




RESISTANCE 1 3676



RESISTANCE 2 3753



RESISTANCE 3 3827




WAIT FOR CONFIRMATION




Mcx Crude Oil currently trading at Rs 3623




More positive above Rs 3650



Support now seen at Rs 3590





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Sunday, February 19, 2017

CRUDE OIL UPDATES FOR FEB 19 2017

SUNDAY



WEEKLY UPDATE




Mcx Crude oil last week was traded in the range between 3530 – 3610 levels and the



current month contract closed at 3565 levels, every time when the prices drops to 3520 levels



commodity has taken strong supports and bounced to 3600 levels a breakout of 3610 levels



will be considered as short term breakout and we expect prices to jump immediately up to 3750 – 3800 levels.




Weekly Call :




Buy Mcx Crude oil March contract only above 3640



and add further on dips up to 3610



with SL below 3550




for targets 3750 - 3800.(CMP 3610)




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