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Monday, February 20, 2012

MCX CRUDE OIL TRADING LEVEL FOR SPECULATORS/JABBING

BEST BUY & SUPP @ 5206 ACTUAL RESIS & BEST SHORT LEVEL 5218 A BREAK ABOVE 5226 UPSIDE TGT 5252 ; A CRACK BELOW 5202 DOWNSIDE TGT 5170

LTP – 5218

TREND : 30 MINS BEARISH ; DAILY TREND : BULLISH

STRATEGY : JABBING CAN BE DONE BY SELLING 10 – 20 LOTS @ 5220 FR TGT 5206

bearish time frame expired.. strategy initiated @ 10pm now its 10.36 ,,,as crude didnt crack below 5215 ..now its time to exit 5218 ....

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