CMP: 50.61
Sup: 47.05 / 42.19
Res: 55.23
If you notice from the below chart, crude reversed from 61.8% level. If crude supported by 47.05, I expect to see 55.23 again and further 60.20, 63.3, 65.22, 68.32$ positionally.
Trade Idea:
Buy crude on dips between 49-48$ if you get, with max n strict SL 47.05 for the above targets.
Sup: 47.05 / 42.19
Res: 55.23
If you notice from the below chart, crude reversed from 61.8% level. If crude supported by 47.05, I expect to see 55.23 again and further 60.20, 63.3, 65.22, 68.32$ positionally.
Trade Idea:
Buy crude on dips between 49-48$ if you get, with max n strict SL 47.05 for the above targets.
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Arockia.