Buy Crude Oil – Book profits at 89.70
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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cerulean Says:
November 21st, 2012
Posted at: 10:23 pm
I did post it , may be yesterday in the intra section...
SM Says:
November 21st, 2012
Posted at: 10:24 pm
Hi cerulean, I already saved the link in my fav folder in my browser. Thanks a lot :)
cerulean Says:
November 21st, 2012
Posted at: 10:24 pm
4804.....we missed shorting higher..at 4845ish
SM Says:
November 21st, 2012
Posted at: 10:25 pm
there goes crude
cerulean Says:
November 21st, 2012
Posted at: 10:25 pm
Hi SM, Welcome ..it has got chart of crude as well..
Why is crude falling .. inventory report was positive
SM Says:
November 21st, 2012
Posted at: 10:27 pm
Hi cerulean, no idea. I was only watching charts. broken trendline supp
cerulean Says:
November 21st, 2012
Posted at: 10:29 pm
Hi SM, your method works fine ..Even CB ..follows only chart I guess ..
May be I confuse everyone with all the data speculation on news ..
cerulean Says:
November 21st, 2012
Posted at: 10:31 pm
Hi SM, Do you also follow nymex crude chart simultaneously? ..But then we have to follow up on dollar as well..
SM Says:
November 21st, 2012
Posted at: 10:32 pm
Hi cerulean, Not exactly always :) You see, when trading, I try to keep myself focused only on one thing... charts. Sometimes it gives me good results... sometimes not. But no one method is foolproof
SM Says:
November 21st, 2012
Posted at: 10:33 pm
Hi cerulean, no, only mcx charts
cerulean Says:
November 21st, 2012
Posted at: 10:37 pm
Hi SM, ok. Hi Reema, Hi Shammi, Hope to see you guys here ..more often
cerulean Says:
November 21st, 2012
Posted at: 10:39 pm
Hi SM, have u watched NG..? 214.30 high made 215.60... All sl of those who went short wd have been taken
SM Says:
November 21st, 2012
Posted at: 10:42 pm
Hi cerulean, Just saw NG. Yes all SL in system would have been taken. Volume was huge when that happened and not long ago :)
cerulean Says:
November 21st, 2012
Posted at: 10:45 pm
Hi SM, Because the inventory report was today at 10.30pm..It should watch the candle then ..really interesting ..
SM Says:
November 21st, 2012
Posted at: 10:48 pm
Hi cerulean, Yes the 5 min candle is sort of a gravestone doji. Bulls pushed the prices higher but was unable to sustain. Bears took it to the opening value of the candle. Interesting :}
SM Says:
November 21st, 2012
Posted at: 10:51 pm
Hi cerulean, Have you seen this broker's report on Copper? Available in moneycontrol. Have a look:
http://www.moneycontrol.com/news_html_files/broker_report/2012/Nov-212012-63211112.pdf