Oil.......
MCX
Crude is in a narrow trading band as the skepticism for further
pullback rally in prices look dim. The prices managed to corner some
gains of Rs 53 per barrel and settled at Rs 6295 per barrel. Going
forward the cap of Rs 6350 and 6400 is near. The prices are expected to
succumb from those levels to move down. Interesting to note, that open
interest in the near month contract has shown steady decline in last few
days. Even the volumes have declined to 103563. The base for this
contract is at Rs 6210 per barrel levels.
TRADING STRATEGY: SELL AROUND 6350-6360, TARGET 6270 SL 6410
Source by Commodity Insights
TRADING STRATEGY: SELL AROUND 6350-6360, TARGET 6270 SL 6410
Source by Commodity Insights
CRUDE OIL TRADING TIPS FOR TODAY
ReplyDeleteSELL CRUDEOIL (DEC.) BELOW 5930 TG-5915/5895/5870 SL-5970
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Today Crude Oil Share Price Open At 6034.00 with the loss of -22.00 (-0.36%) point. please suggest me the market strategy either to buy this or sell this share price. commodity-tips
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