-------- Forwarded Message --------
Subject: Crude Oil: 38.50-40.50 May Be Proved As A Big Hurdle In The Days Ahead
Date:   Wed, 9 Mar 2016 20:50:37 +0530
From:   Asis Ghosh <asis...@gmail.com>
Reply-To:       asis...@gmail.com



Only sustaining above 38.50-40.50 Crude oil can rally up to 46.50-57.50 zone;
Otherwise it can again fall towards 29-26 area.

All round co-ordinated production cut talk may be a fantasy
and basic dynamics of supply demand situation may not be changed by 2016-17.

For Crude, 40-30 range may be the new normal in 2016.

*Trading Idea:*

CMP: 37

Either sell below 38.50 or on rise around: 39.50-40.50;

TGT: 33.45-29.10-26.05-24

TSL> 44-46.50

Note: Consecutive (3 days) closing above 46.50 for any reason,Crude may further rally up to 58*-63-70-79 in the mid to long term (alternative bullish case scenario from the present trading level)

* Analytical Charts:*


<https://2.bp.blogspot.com/-cTTmSV3UKWg/VuA7pjSkQQI/AAAAAAAAGZ0/-ZstpdL48fI/s1600/Crude-09-03-2016.png>

<https://4.bp.blogspot.com/-RH3j16fvdik/VuA7sKgy0wI/AAAAAAAAGZ4/6L9IwXxAszA/s1600/Crude-Fibb-09-03-2016.png>

<https://2.bp.blogspot.com/-nQ__TTLa3mY/VuA7uNLI9gI/AAAAAAAAGZ8/8l-W5HNh2_Y/s1600/Crude-WK-09-03-2016.png>

<https://4.bp.blogspot.com/-B7_sSjLcNM8/VuA7xSfTriI/AAAAAAAAGaA/hA1R0QGGtW4/s1600/Crude-Pattern-09-03-2016.png>

<https://2.bp.blogspot.com/-xAzfyDogJz8/VuA77XKTPfI/AAAAAAAAGaE/6Caq1wGuz6s/s1600/Crude-TL-09-03-2016.png>

<https://2.bp.blogspot.com/-91hwp3n__5M/VuA79N_XphI/AAAAAAAAGaI/5SnV6UwczxQ/s1600/Crude-EW-09-03-2016.png>

--
Thanks & Regards,

Asis Ghosh
(asisghosh.blogspot.com)
NCFM-TA Certified



--
Kindly email stock reports at STOCKRESEARCHER@googlegroups.com
For sharing knowledge

-- NIFTYVIEWS.COM NOW A FREE OPEN SOURCE WEBSITE.

http://www.niftyviews.com/

Disclaimer :-
"The opinions expressed by the members on this board are based on
their individual experience and perceptions and to share information
with other members with the best of intentions to help fellow members
in investment decisions as equity investment is a risky venture.The administrator of 
www.Niftyviews.com just provide a platform for the authors to express their opinion 
and take no guarantee for the genuineness of the same."ANY member of this forum 
doesnt prepare or publish any research report; or ii. provide research report; or 
iii. make 'buy/sell/hold' recommendation; or iv. give price target;
--- You received this message because you are subscribed to the Google Groups "Niftyviews.com" group.
To unsubscribe from this group and stop receiving emails from it, send an email 
to stockresearcher+unsubscr...@googlegroups.com.
For more options, visit https://groups.google.com/d/optout.

Reply via email to