Wednesday, July 13, 2016

Crude Analysis 13-Jul-2016

CMP: 46.42
Res: 46.91
Sup: 44.39

As long as 46.91$ resists, we can see 46.31/45.95/45.65/45.35/45.13/44.99/44.67.

Important Levels:
1. 46.15-45.44$
2. 45.36-44.98$

Seller's SL: 46.91
Buyer's SL: 44.39

Strategy:
1. Sell on rise with max sl 46.91$ for the above targets.
2. Buy on dips with max sl 44.39$ for 46.9$ first, further targets will be updated after reversal confirmation.

Previous Posts:
http://rajtechnicalanalysis.blogspot.in/2016/07/crude-analysis-10-jul-2016.html

Thanks.

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