Tuesday, January 11, 2011

Sure Shot Crude Oil Tips

Crude: Yesterday this counter shows strength. It crossed and closed above 4100. As we mentioned few days back that it will face resistance at 4098, above this level it traded with good volume and now it fired upto 4240. Today this counter will take support at 4084.
Trading range 4000 to 4150.....break out will one side move. Any dip or panic to buy side .... Ultimate target US $ 104.

This counter last week shown unexpected volatility but end of the week finally its close near to low as well as we expecting weakness till 3980. It's made low 3977. Now this week keep your eyes on level of 3988, if it close below this level, you can think for next weakness and till its maintain above this level, you can keep buying till target 4300 soon. Keep buying around our levels and keep small but any strict stop loss. 

TODAY'S STRATEGY: - This counter yesterday shown up move as we expect & mention. Now hold your bought position till 4200-4300. From last Monday we continues mention that keep buying till its hold 3977. We are suggesting only trade on lower level to buy and short on higher levels don't trader above & below. 

Enjoy crude oil rally and keep your eyes on zinc very soon this counter also going to zoom. Now today keep your eyes on level of 4103, maintain above this level, and keep buying till target 4200 soon. Today it will face resistance 4166-4185 & support 4103-4070.

1 comment:

  1. Today’s most accurate tip for commodity
    RES 1: 5900
    RES 2: 5970
    SUPP 1: 5800
    SUPP 2: 5750
    free stock tips on mobile