CMP 51.54
Res: 52.83 (.89)/55.23(.21)
Sup: 45.58(.55)/42.08
If crude resisted by the above resistances, I expect to down move.
Can see, 45.58 again and further, 42.08, 39.9, 31.91, 29.97, 18.98 positionally.
Trade Idea:
Sell crude on rise with SL 52.85$/55.25$(max) for the above targets.
Res: 52.83 (.89)/55.23(.21)
Sup: 45.58(.55)/42.08
If crude resisted by the above resistances, I expect to down move.
Can see, 45.58 again and further, 42.08, 39.9, 31.91, 29.97, 18.98 positionally.
Trade Idea:
Sell crude on rise with SL 52.85$/55.25$(max) for the above targets.
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Thanks for your Comment.
Arockia.