Tuesday, August 05, 2014

CRUDE UPDATES


If and only if CRUDE cuts 6038 and trades above the level for two hours it would get stronger - 
Otherwise it is dangerous to go long in it

If happened as mentioned above, wait for a pull back till 6025 and buy it for positional 

Intraday points shall be gained upto 30-40 points (i.e. upto 6060)

But PLS BE CAREFUL - if and only if the above mentioned condition is fulfilled u shall take this
trade otherwise stay calm in SHORT - we were short from 6150 as already mentioned (anyway
booked partial profit of 160 points)

INTRADAY RESISTANCE @ 6040

INTRADAY SUPPORT @ 5985 - 5960











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