Buy Crude Oil – Book profits at 89.70

Quotes with Resistance & Support

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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 21st, 2012
Posted at: 10:19 pm
Hi SM, Yes You will ... recover ... Shall we short crude say around 4854...?
cerulean Says:
November 21st, 2012
Posted at: 10:21 pm
Hi SM, Nice to be known as guruji>>:P
SM Says:
November 21st, 2012
Posted at: 10:21 pm
Hi cerulean, yes, shorting on a bounce can be a good idea
cerulean Says:
November 21st, 2012
Posted at: 10:22 pm
There is a link.. which i found recently .. and is good ..type ...worldmarketsinfo.com /index_files/Dowjonesfutures.htm
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