Wednesday, September 26, 2012

Crude Oil update !!!!!!!!!!

Dear All,
                    In our last update we recommended to go short on crude oil ........as of now crude trading around $91 ...... we expect a short term bounce from $88 levels .........bounce will be a nice oppurtunity to sell crude again for those who have not shorted , the bounce can target $94.50----$96 .

We remain bearish on crude for targets $79---$65 in coming days with sl placed at $100


Note : Stoploss are always on closing basis in our calls .


Thanks & Regards
Abhay Mehrotra

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