POSITIONAL TRADERS HAVING SHORT POSITION ABOVE @ 157 CAN HOLD THE POSITION WITH KEEPING STOP LOSS @ ABOVE 162 FOR TARGET @ UP TO 140.
Thursday, August 23, 2012
NATURAL GAS TREND FROM MAY 2012 TO AUG 2012.....23 AUG 2012
POSITIONAL TRADERS HAVING SHORT POSITION ABOVE @ 157 CAN HOLD THE POSITION WITH KEEPING STOP LOSS @ ABOVE 162 FOR TARGET @ UP TO 140.
Wednesday, August 22, 2012
POSITIONAL CALL :- SHORT CRUDE OIL SEPT EXPIRY @ ?????...................22 AUG 2012
POSITIONAL CALL :- SHORT CRUDE OIL SEPT EXPIRY @ 5387 - 5400, STOP LOSS @ 5440, TARGET @ 5290 - 5190 - 5090.
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Wednesday, August 15, 2012
BUY CRUDE OIL @..................16 AUG 2012
BUY CRUDE OIL @ $94.16 - $94.23, CMP @ $94.23, STOP LOSS BELOW @ $93.50, TARGET @ $96.25 - $97.15
Tuesday, August 14, 2012
IMPACT OF US ECONOMIC DATA ON CRUDE OIL AUG EXPIRY ON 14 AUG 2012
SNAP SHOT OF CALL GAVE ON CRUDE OIL ON FACEBOOK :-
CRUDE OIL AUG EXPIRY INTRADAY TREND ON 14 AUG 2012
ECONOMIC DATA CAME FROM US WHICH IS POSITIVE FOR CRUDE OIL :-
1. US CORE PPI (MOM) CAME @ 0.4%, FORECAST @ 0.2%, PREVIOUS @ 0.2%
NOTE :- The Producer Price Index (PPI) measures the change in the price of goods sold by manufacturers. It is a leading indicator of consumer price inflation, which accounts for the majority of overall inflation.
ANALYSIS :- POSITIVE FOR CRUDE OIL
2. US CORE RETAIL SALES (MOM) CAME @ 0.8%, FORECAST @ 0.4%, PREVIOUS @ -0.8%
NOTE :- Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity.
ANALYSIS :- POSITIVE FOR CRUDE OIL
3. US PPI (MOM) CAME @ 0.3%, FORECAST @ 0.2%, PREVIOUS @ 0.1%
NOTE :- The Producer Price Index (PPI) measures the change in the price of goods sold by manufacturers. It is a leading indicator of consumer price inflation, which accounts for the majority of overall inflation.
ANALYSIS :- POSITIVE FOR CRUDE OIL
4. US RETAIL SALES (MOM) CAME @ 0.8%, FORECAST @ 0.3%, PREVIOUS @ -0.7%
NOTE :- Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity.
5. US PPI (YOY) CAME @ 0.5%, FORECAST @ 0.5%, PREVIOUS @ 0.7%
NOTE :- The Producer Price Index (PPI) measures the change in the price of goods sold by manufacturers. It is a leading indicator of consumer price inflation, which accounts for the majority of overall inflation
ANALYSIS :- POSITIVE FOR CRUDE OIL
6. US CORE PPI (YOY) CAME @ 2.5%, FORECAST @ 2.5%, FORECAST @ 2.3%, PREVIOUS @ 2.6%
NOTE :- The Core Producer Price Index (PPI) measures the change in the selling price of goods and services sold by producers, excluding food and energy. The PPI measures price change from the perspective of the seller. When producers pay more for goods and services, they are more likely to pass the higher costs to the consumer, so PPI is thought to be a leading indicator of consumer inflation.
ANALYSIS :- POSITIVE FORM CRUDE OIL
OVERALL ANALYSIS :-
ALL IMPORTANT ECONOMIC DATA FROM US HAVE COME POSITIVE REGARDING THE US ECONOMY FUNDAMENTLY WHICH IS POSITIVE FOR CRUDE ALSO. AFTER SEEING ALL THE DATA TARGET IN CRUDE OIL WILL NOT ONLY ACHIEVE BUT ALSO CAN TOUCH 5240 - 5290.
Monday, August 13, 2012
Tuesday, August 7, 2012
PROFIT BOOKING STARTED IN CRUDE OIL ON 07 AUG 2012
Federal Reserve Chairman Ben Bernanke (February 2006 - January 2014) is to speak. As head of the Fed, which controls short term interest rates, he has more influence over the U.S. dollar's value than any other person. Traders closely watch his speeches as they are often used to drop hints regarding future monetary policy.
His comments may determine a short-term positive or negative trend.
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