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Monday, June 6, 2011

CRUDE OIL TRADER’S INTRA DAY / POSITIONAL CALL

CRUDE OIL AS OF NOW SUPPORT IS @ 4456 RESISTANCE @ 4474 ..A BREAK ABOVE TARGET IS 4532/4550;A CRACK BELOW 4452 DOWNWARDS TARGET IS 4398/4380

CMP – 4467

TRADING STRATEGY : SELL CRUDE OIL ONLY 1 LOT @ 4474 & IF RISES SHORT 1 MORE LOT ONLY @ 4550 FOR DOWNWARDS TARGET OF 4398/4380/4350

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