Friday, June 29, 2012
Thursday, June 28, 2012
Wednesday, June 27, 2012
Tuesday, June 26, 2012
Monday, June 25, 2012
Sunday, June 24, 2012
POSITIONAL CALL :- SHORT CRUDE OIL @.........25 JUNE 2012
POSITIONAL CALL :- SHORT CRUDE OIL @ $79.85 - $80.15, CMP @ 79.92, STOP LOSS ABOVE @ $81, TARGET @ $76 - $73 - $71.85.
ALERT :- Hedge funds reduced bullish oil bets to a 19-month low in the seven days ended June 19, according to the Commodity Futures Trading Commission’s Commitments of Traders report on June 22. Money managers, including funds, commodity pools and commodity trading advisers, cut wagers for a seventh week, paring futures and options combined by 5.9 percent to 122,815, the lowest level since Oct. 1, 2010.
ALERT :- Hedge funds reduced bullish oil bets to a 19-month low in the seven days ended June 19, according to the Commodity Futures Trading Commission’s Commitments of Traders report on June 22. Money managers, including funds, commodity pools and commodity trading advisers, cut wagers for a seventh week, paring futures and options combined by 5.9 percent to 122,815, the lowest level since Oct. 1, 2010.
Monday, June 18, 2012
Friday, June 15, 2012
Thursday, June 7, 2012
Monday, June 4, 2012
Sunday, June 3, 2012
CRUDE OIL JUNE EXPIRY WEEKLY TRADING SUPPORT & RESISTANCE FROM 04 JUNE 2012 TO 09 JUNE 2012.....03 JUNE 2012
RESISTANCE :- 4967, 5310, 5488
SUPPORT :- 4446, 4268, 3925
BREAK - EVEN POINTS :- 4789
MARKET OUTLOOK :- POSITIVE IF MAINTAINS AND HOLDS ABOVE 4789 ON WEEKLY BASIS
OVERALL TREND :- VERY WEAK
STRATEGY :- SELL ON UPSIDE AND STOP LOSS SHOULD BE ABOVE 4800
SUPPORT :- 4446, 4268, 3925
BREAK - EVEN POINTS :- 4789
MARKET OUTLOOK :- POSITIVE IF MAINTAINS AND HOLDS ABOVE 4789 ON WEEKLY BASIS
OVERALL TREND :- VERY WEAK
STRATEGY :- SELL ON UPSIDE AND STOP LOSS SHOULD BE ABOVE 4800
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