CMP 45.19
Res: 48.3/49.34/47/50.51/51.64
Sup: 45.82 (broken)
As long as 51.64$ resists, I expect to see 42.42-41.73, 41.11-40.25 positionally.
Advanced view:
Sell on rise between 48.1-51$, SL 51.65$ for 42.42, 41.11$.
As of now sl 45.95 for small trades tgt 43.9$. If this taken out, need to wait for market action.
Previous posts:
http://rajtechnicalanalysis.blogspot.in/2016/07/crude-positional-view-4-jun-2016.html
http://rajtechnicalanalysis.blogspot.in/2016/07/crude-historical-seasonal-analysis-06.html
READ DISCLOSURE BEFORE TAKING ANY TRADE DECISION.
Res: 48.3/49.34/47/50.51/51.64
Sup: 45.82 (broken)
As long as 51.64$ resists, I expect to see 42.42-41.73, 41.11-40.25 positionally.
Advanced view:
Sell on rise between 48.1-51$, SL 51.65$ for 42.42, 41.11$.
As of now sl 45.95 for small trades tgt 43.9$. If this taken out, need to wait for market action.
Previous posts:
http://rajtechnicalanalysis.blogspot.in/2016/07/crude-positional-view-4-jun-2016.html
http://rajtechnicalanalysis.blogspot.in/2016/07/crude-historical-seasonal-analysis-06.html
READ DISCLOSURE BEFORE TAKING ANY TRADE DECISION.
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