CRUDE OIL / XITUSD ANALYSIS JUNE 2021

28-Jun-2021

21-Jun-2021

17-JUN-2021

16-JUN-2021

15-JUN-2021

10-JUN-2021

02-JUN-2021

CRUDE ANALYSIS MAY 2021

PREVIOUS ANALYSIS

SUP: 56.89/33.63

As long as the above supports hold, we will see 70.86, 79.65, 93.87, 99.3, 131+

https://rajtechanalysis.blogspot.com/2021/04/oil-analysis-april-2021-sup-56.html

30-MAY-2021

25-MAY-2021

19-MAY-2021

17-MAY-2021

16-MAY-2021

CRUDE OIL ANALYSIS APRIL 2021

01-APR-2021

SUP: 56.89/33.63

As long as the above supports hold, we will see 70./86, 79.65, 93.87, 99.3, 131+

CRUDE OIL ANALYSIS FEBRUARY 2021

ANALYSIS 01-Feb-2021

CMP: 52.47; SUP: 33.63

Based on Weekly chart,

As long as 33.63 holds support, we will see 70.86, 79.65, 93.87, 99.30...

CRUDE Analysis Feb 2020

07-Feb-2020

CMP: 51.26; Res: 52.21/54.55/59.64/65.61
As long as 52.21/54.55 resists, I expect to see more down towards 49.43-48.22, 46.28-45.07, 43.12, 40.39, 38.02-36.81.

Alternatively, if 49.34 supports, we can see up move towards 54.55 again and further.
Sellers SL 52.21/54.55 max.

04-Feb-2020: 7:54 AM IST

CMP: 50.40; Sup: 49.55; Res: 65.61
If crude supported by 59.55, we will see bigger upside correction.
Break of 51.95, Upside targets: 53.41, 55.74, 57.63, 59.51, 60.93.

Crude: Can we see more down? Support 52.12. 30-Jan-2020

CMP: 52.8; Res: 54.38/59.64; Sup: 52.12
If crude breaks 52.12, we can see 51.38-49.43 first and further 48.22, 46.28-45.07.

Crude Analysis 28-Jan-2020

CMP: 53.16; Sup: 52.46/52.12; Res: 53.51
Break of 53.51, we can see 53.83-54.16 first and further 54.68-54.88.

Crude: Are we nearing bottom? 26-Jan-2020

CMP: 54.38; Sup: 53.85; Res: 55.95/59.65/65.65
Crude has done min tgt on the downside at 53.85.

As of now still some down side left but we are at the tail end.
If 55.55 resists, we can retest 53.85 and further 53.41, 52-51.38 as extension.

Crude View 24-Jan-2020

CMP: 55.85; Res: 56.05; Sup: 54.75

Below 55.71, can see 55.49, 55.25.

Above 56.05 short term bullish.

Crude Analysis: Bull OR Bear? 21-Jan-2020

22-Jan-2020
Complex correction?

21-Jan-2020
CMP: 57.90; Res: 59.65; Sup: 57.34
If crude supported by 57.34, we can see 59.64 again and further 60.5, 61.48, 62.45, 63.19.
If crude breaks 57.35, we can see 56.45, 55.89, 55.13, 54.92...
Buyers SL 57.34; Sellers SL 59.65

Crude: Short Term Up after some correction? 20-Jan-2020

CMP: 59.17; Res: 59.64; Sup: 59.05
As long as 59.64 resists, we will see 58.77, 58.5, 58.22-58.02.
Best sell entry 59.34-59.5, with max SL 59.65.
Break of 59.65, more upside can be seen.

Crude: Short term UP? 16-Jan-2020

Update: 5:30 PM IST

CMP: 57.90; Sup: 57.35; Res: 58.35
As long as crude hold support of 57.35, we can see big up move towards 61.48-62.45-63.66.

Can buy above the trendline break or between 57.80-57.45. Max SL 57.34
Targets: 59.3, 60.5, 61.45, 62.45, 63.2, 63.6...

CMP: 58.20; Sup: 57.74/57.34
As long as crude holds support of 57.74/57.34, we can see 59.3, 60.5, 62.45, 63.19.

Crude: Can we some upside towards 58.5 INTRA? 14-Jan-2020

Crude: Can we some upside towards 58.5?
CMP: 58.08; Sup: 57.88; Res 58.5
I expect some upside towards 58.5, as long as 57.89 holds support.

Crude Analysis 21-Jan-2019

CMP: 54.9
Sup: 51.28/50.34

If supported by the above we can see, 55.56, 56.63, 57.57

52.57/54.38

Crude Analysis 16-Jan-2019

CMP: 51.91
Res: 52.28/53.28
Sup: 50.37
Base Support: 42.39

As long as the above resistances resists, we can see 50.37 again and further 49.55, 49.13, 47.83, 46.57.

Gold, Crude Analysis 14-Jan-2019

Gold 14-Jan-2019

Crude 14-Jan-2019

Nifty, Crude Oil Analysis 03-Jan-2019

Nifty

Crude Oil

04-Jan-2019, 9:01 PM IST:  48.92 done.

NYMEX: WTI Crude Analysis 27-Nov-2017

30-Nov-2017

If Crude supported by 56.77, and a break of 58.35, we will see 58.93/59.22/60.76.

Can buy Crude at cmp 57.44 or above 58.35 with max sl 56.73 for the above TGTs.

28-Nov-2017

CMP: 57.86

RES: 58.55/58.89.

Can we make a new low to start the next up move.

Sellers max sl 58.55, TGTs: 57.45, 56.98.

Wave B of 1 and  3 retraced Wave A by 50%. Can we expect the same with W B of 5? If so, we can see min 57.45 n further 56.98$.

Thanks.

27-Nov-2017
CMP 58.69
Res: 59.03
Sup: 54.83

Based on Daily chart, as long as 54.83, supports, we can see 62$.

Based on Hourly Chart, If Crude resisted by 59.03, We can see 58.15, 57.33-56.93.

Long Term View:
Expecting a big fall from 62$ level towards 26/21$.

NYMEX: WTI CRUDE Analysis 03-Nov-2017

03-Nov-2017
CMP: 54.8
Res: 55.02/55.21
Sup: 53.89
Base supports: 51.9/50.85

As long as 55.02/55.21 resists, we can see 53.89 again and further 53.7-55.56, 53.16-53.03, 52.89-52.69.

NYMEX / WTI CRUDE Analysis 19-Oct-2017

Update 23-Oct-2017

 

Update: 9:08 PM: Are we going to see more fall?

20-Oct-2017 

CMP 51.57
Res: 52.53/52.83
Sup: 50.85/49.08

As long as crude resisted by 52.53, we can see 50.85 again and further 50.20/49.08/48.77 and other targets as per previous analysis.

Alternate view:
But we could see a POSITIVE DIVERGENCE in 1H chart. Is the job of of this divergence done or still in continuation.  Will this divergence is going to take more control or Down trend will continue? Let us wait n watch.

 

19-Oct-2017

CMP: 52.24
Sup: 51.9/51.46/49.08
Res: 52.38(.34)/52.53(.55)/52.83(.89)

Bearish:
If the above resistances resists,
52.83 --> 50.25, (48.78), (46.46-45.91), 42.71
52.53 --> 52.00, (51.75), (51.36-51.27), 50.73. MADE LOW 50.85
52.38(.34) --> 51.9, 51.77-51.7, 51.46

Bullish:
If Crude breaks 52.53/52.83, we will see 52.97 first and further 53.63-53.79, 54.39, 54.7...

As of now, my view not changed and I am still bearish as long as 52.53/52.83 resistances hold.

NOTE: READ DISCLOSURE BEFORE TAKING ANY TRADE DECISION.