CRUDEOIL NYMEX
View:
Trading Near to very Crucial Levels @91$, Strong weekly
Support lies @91$ and a Sharp bonce back has been seen in Crude-oil from those
levels. We have a Positive outlook on Crude-oil till it sustains above 91$.
Short Position Can be initiate only below 90$ Hence we Recommend to Go long on
CRUDE-OIL on Current levels and buy till 91.50$ with Stop-loss below 90.50$ As Risk
and Reward ratio on Going long is high. Reverse Long Position if break 90$ and
Closes below it on 4 hourly charts.
1.
Buy CRUDE-OIL till 92$ For Targets 100$ with
Stop-loss of 90.50$
2.
Sell CRUDE-OIL below 90$ for Targets of 86$ and
Stop-loss of 93$
