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Technical Roundup for Crude Oil (18 July 2008)
Find below Trading strategy for the day (18 July'08) or two only.
FOrmat To Read: Commodity/ Exchange Contract/ S2/ S1/ Close/ R1/ R2/ View
Crude Oil MCX Aug' 08 5465 5550 5611 5690 5790
THIS WAS OUR WORDS DAY BEFORE YESTERDAY "close below 5850 towards 5650 in coming days" AND YESTERDAY LOW WAS 5580 book profit on sell below 5725, for the day sell below 5580 S/L 5605 and T/p 5550/towards 5475 OR sell ard 5778-80 S/L 5790 and T/p 5725-5690 (now crude need to close above 6040/6360 for bullish rally while close below 5460/ 5155-5060 bearish for medium term)
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