Disclaimer: Ours is an advisory role. The final decision and consequences based on our information is solely yours. Moreover, in keeping with regulatory guidelines, we do not guarantee any returns on investments. Prospective investors and others are cautioned forward-looking statements/predictions and may be subject to change without notice.

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Sunday, May 27, 2012

CRUDE OIL / US DOLLAR INDEX TREND , LEVEL & TRADING STRATEGY FOR THE WEEK AHEAD : 28 MAY 2012



CRUDE OIL

BEST BUY & SUPP @ 91 ACTUAL RESISTANCE & BEST SHORT LEVEL @ 91.80 A BREAK ABOVE 92.60 UPSIDE TGT IS @ 94.86/95.85 ; HOWEVER A CRACK BELOW 90.20  DOWNSIDE TGT IS INTACT @ 87.77/86.82

LTP – 90.75

TREND : FIRM BEARISH

US DOLLAR INDEX

BEST BUY & SUPP @ 82 ACTUAL RESISTANCE & BEST SHORT LEVEL @ 82.45  A BREAK ABOVE 82.65 UPSIDE TGT IS @ 83.20/83.56; HOWEVER A CRACK BELOW 81.82 DOWNSIDE TGT IS INTACT @ 80.05

LTP – 82.52

TREND : FIRM  BULLISH

**PREMIUM MEMBERS STRATEGY**

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