DEVA SENAPATHI
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Crude [mcx] Sep Future:

Deva Senapathi at 08:43 PM - Aug 24, 2015 ( ) Views: 663

Crude [mcx] Sep Future: at 8.48 pm

Trades around 2625: AVoid selling above 2650 target 2672, 2684 and HOLD short below 2620 tsrget 2617, 2600, 2583 minus. 

A break out above 2670 / 2680 is needed to GO LONG. Positional traders can HOLD SHORT  below 2640 with STOP LOSS at this level for a targer of 2583, 2566, 2540 minus in the coming days



From: DEVA SENAPATHI at 07:37 AM - Aug 25, 2015( )


Crude [mcx] Sep Future: closed at 2639 on 24.08.2015

Small change in my VIEW. Considering yeseter day trade,  Level 2630 & 2650 is very pmportant. Today Holding above 2650 will give you a target of 2670, 2682, and then 2704....,2724, 2735 [Due to short cover / Fresh buy at lower level].  

The same way inability to BREAK 2670 or holding below 2630 will be NEGATIVE and the target will be 2617, 2595, 2580 minus. 


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Sukhwindersingh Arora at 09:45 PM - Aug 24, 2015 ( )

sir, why u give 2 levels  to go above 2670/2680 . why not 2680 . that confuse lot of traders whether to go above 2670 or 2680 .

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