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Wednesday, December 12, 2012

CRUDE OIL MCX 18DEC2012 EXPIRY TRADING LEVELS FOR THE SPECIFIC CONTRACT :


CRUDE OIL MCX 18DEC2012 EXPIRY TRADING LEVELS FOR THE SPECIFIC CONTRACT :

BEST BUY & SUPP @ 4776 (CURRENT RESIS & 1ST SHORT LEVEL) ACTUAL RESISTANCE & BEST SHORT LEVEL @ 4838 A BREAK ABOVE 4900 UPSIDE TGT IS @ 5045/5108 HOWEVER A CRACK BELOW 4714 DOWNSIDE TGT INTACT @ 4570 - 4506

LTP - 4720 

TREND : FIRM BEARISH

STRATEGY : TRADERS CAN TAKE A SELL @ CURRENT LEVELS WITH A STOP LOSS ABOVE 4860 FOR TGT 4570

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