Wednesday, October 3, 2012

Crude Buy or Sell ?????

Dear All,
                  In our last update .......we told u that we expect bounce from $88 in crude , crude hit $88.21 today .......we expect a dead cut bounce till $94.50 --- $96 in coming days ...........though we remain bearish on crude from long term perspective ..........and will  advice to sell at higher levels .

Only Very High Aggresive Trader .......  Positional Buy crude between $88.21---$88 target $94.5 --- $96 with sl $86.75 in coming days .


In Mcx Terms Positional  Buy Crude between 4640----4600 target 4850--5025 stoploss 4580 .


Note : Stoploss are on closing basis .


Thanks & Regards
Abhay Mehrotra

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