CRUDE OIL ALERT : TRADER'S ARE ADVISED NOT TO GET CARRIED AWAY BY THE CRUDE PULL BCK...THE REASON IS : TRADERS WERE EXPECTING PRODUCTION HIKE..BUT OPEC HAS POSTPONED THAT NEWS WAS AGAINST MARKETS EXPECTATION OF PRODUCTION HIKE... & THE 2ND FACTOR IS TO MAKE A NEW LOW THE PARTICULAR SCRIP HAS TO MAKE A HIGH...
AND IF THE OVERALL TREND HAD REVERSED .,.THEN OTHER COMMODITIES HAD TO MAKE A NEW DAYS HIGH ALONJG WITH CRUDE OIL..BUT OTHER SCRIPS FACED 1ST RESISTANCE & ITS COMING DOWEN..THIS ALSO CONFIRMS THT TREND HAS NOT CHANGED
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