Buy Crude Oil – Book profits at 89.70

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Buy Crude Oil – Book profits at 89.70

Posted on: November 19th, 2012 at 10:40 am

Technically above 86 looks good. One can enter at cmp: 87.75. It can head upto 90-90.50 levels in near term. Has strong support near the 85-86 levels. – (Book profits at 89.70)

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78 Responses

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cerulean Says:
November 19th, 2012
Posted at: 5:15 pm
HI CB , THANKS A LOT FOR THIS CALL..
cerulean Says:
November 19th, 2012
Posted at: 9:53 pm
HI CB,SM , Shall wait for a dip to go long ,in dips ..Thank you
CB Says:
November 19th, 2012
Posted at: 11:41 pm
Hi cerulean, most welcome. yes, as of now its best to wait for a dip.
Shammi Says:
November 20th, 2012
Posted at: 10:42 pm
Nice call. Thanks. Its down by over 2% today. Is it a good time to enter long again now?
cerulean Says:
November 20th, 2012
Posted at: 11:22 pm
Hi CB, Holding short in crude at 4860..tsl 4820... May I kindly have your feed back plz?
cerulean Says:
November 20th, 2012
Posted at: 11:53 pm
Hi Kartik, Hi SM, Hi CB, had changed TSL to 4807..Was taken ...Will wait for your calls here..Thank you..
cerulean Says:
November 20th, 2012
Posted at: 11:57 pm
"Crude oil futures plunged lower Tuesday, despite escalating Middle Eastern violence as Moody’s decision to downgrade France pressured demand for the commodity."
CB Says:
November 21st, 2012
Posted at: 1:23 am
Hi cerulean, yes, its a hold for now. can move higher from here.
cerulean Says:
November 21st, 2012
Posted at: 7:44 am
Hi CB, GM, I am not in any trade now .Did a trade yesterday by going short in crude and had covered before market closed ..Will be waiting for calls here..thank you.
Reema Says:
November 21st, 2012
Posted at: 8:49 pm
Hi CB,
MCX trading levels for crude is around 4800.
But you calls are given in trading levels around 90.
Can you please clarify?
cerulean Says:
November 21st, 2012
Posted at: 9:53 pm
Hi CB, Hi SM, GE, Inventory report was favorable to crude .. May kindly know your call for crude plz?
SM Says:
November 21st, 2012
Posted at: 10:14 pm
Hi cerulean, GE. Crude broken trendline supp. Can fall a bit. Immediate levels on the upside 4850 to 4870. On the lower side 4770 to 4750. Lets see...
cerulean Says:
November 21st, 2012
Posted at: 10:16 pm
Hi SM, OK .. Thanks guruji :p
cerulean Says:
November 21st, 2012
Posted at: 10:17 pm
Hi Reema, My one post is in spam .. you may get a link there to follow up ..$s
SM Says:
November 21st, 2012
Posted at: 10:18 pm
Hi cerulean, Guruji ??? LOL :P
Was trading copper... my SL hit... had to take loss... but will recover, I guess