Wednesday, April 19, 2017

Crude Analysis 19-Apr-2017

Analysis based on smaller time frame.
CMP 52.74
Sup: 52.49
Res: 53.24.
If crude resisted by 53.1/53.50, we can see 52.49 again and further 52, 51.23, 50$.


Strategy: Sell on rise, with SL 53.1/53.5 max for the above targets.
Note: There will be lot of noise in smaller time frame.

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