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Thursday, July 29, 2010

MCX CRUDE OIL 19AUG 2010 EXPIRY INTRADAY/POSITIONAL LEVELS

BEST BUY 3618 RESISTANCE @ 3640 ABOVE THAT TARGET 3710/3732 ; BELOW 3602 SELL IT (REVERSE YOUR TRADE) FOR TARGET 3546/3524....


LONG TRADE
SHORT TRADE
BEST BUY LEVEL
BEST SHORT LEVEL
3618.0
3640.0
BUY TARGETS
SHORT TARGETS
T1 = 3710.0
T1 = 3546.0
T2 = 3732.0

T2 = 3524.0


              CMP-3646


***CHANGE IN TRADING STRATERGY & LEVELS -DUE TO THE HIGH VOLATILITY IN THE COMMODITY MARKET OUR GIVEN STOP LOSS IS GETTING TRIGGERED REPEATEDLY...HENCE FROM HERE WE ARE STOP LOSS WONT BE MENTIONED ANY MORE RATHER REVERSE YOUR TRADE AS PER OUR OLD TRADING TECHNIQUE...
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