Crude Oil Analysis 17-10-2016

26-Oct-2016

CMP 49.31
Res: 52.21
Sup: 42.73

STRATEGY: Sell on Rise.
Max sl 52.23$
TGTs: 48.76, 47.46, 47.14, 46.36, 45.51

NOTE:
Any break of 42.73$, positional sell of will be in place for 38/34$.
Any break of 52.23$, we will see 53/55/59$.

17-10-2016
CMP 50.24, SL 51.68$, tgts: 39.25, 34.4.
CMP 3358, SL 3463, TGTs: 2650, 2293.

Valid till February 21st, 2017 / AS LONG AS SL HOLDS.