| View previous topic :: View next topic |
| Author |
Crudeoil Positional Analysis ~ Welgro Corner |
welgro
Brown Belt
Joined: 24 Sep 2012
Posts: 1784
|
Post: #1  Posted: Fri Jun 06, 2014 10:58 pm Post subject: Crudeoil Positional Analysis ~ Welgro Corner |
 |
|
This thread Only for Crudeoil positional and intra-day Analysis.
I will update my Views in :-
A).MCX Crudeoil B).Nymex Crude Oil C).USDINR
|
|
| Back to top |
|
 |
|
|
|
welgro
Brown Belt
Joined: 24 Sep 2012
Posts: 1784
|
| Post: #2 Posted: Fri Jun 06, 2014 11:39 pm Post subject: |
|
|
Now Mcx Crude oil chart formed a head and shoulder pattern. Already price broken the neckline at the same time price pullback and retraced at the neckline (Made high 6086).head and shoulder is a bearish pattern so we expected down side target 5910 levels. But Mcx crude oil saw some strong support around 6020 level (Parallel line).Once if trade and hold below that level then no problem further down side move.
Now Mcx crude oil trades around 6055 level. Next important resistance saw at 6105 level (H&S Neckline). Perchance crude oil trade and hold (Hourly close) above this resistance then Crude oil positional trend will be changing to bullish. Bullish rally will continue minimum up to 6200 levels.
|
|
| Back to top |
|
|
welgro
Brown Belt
Joined: 24 Sep 2012
Posts: 1784
|
| Post: #3 Posted: Sat Jun 07, 2014 7:12 pm Post subject: |
|
|
|
|
| Back to top |
|
|
welgro
Brown Belt
Joined: 24 Sep 2012
Posts: 1784
|
| Post: #4 Posted: Mon Jun 09, 2014 7:07 pm Post subject: |
|
|
|
|
| Back to top |
|
|
welgro
Brown Belt
Joined: 24 Sep 2012
Posts: 1784
|
| Post: #5 Posted: Mon Jun 09, 2014 8:53 pm Post subject: |
|
|
|
|
| Back to top |
|
|
welgro
Brown Belt
Joined: 24 Sep 2012
Posts: 1784
|
| Post: #6 Posted: Mon Jun 09, 2014 9:09 pm Post subject: |
|
|
|
|
| Back to top |
|
|
welgro
Brown Belt
Joined: 24 Sep 2012
Posts: 1784
|
| Post: #7 Posted: Mon Jun 09, 2014 10:22 pm Post subject: |
|
|
|
|
| Back to top |
|
|
welgro
Brown Belt
Joined: 24 Sep 2012
Posts: 1784
|
| Post: #8 Posted: Tue Jun 10, 2014 9:24 am Post subject: |
|
|
|
|
| Back to top |
|
|
welgro
Brown Belt
Joined: 24 Sep 2012
Posts: 1784
|
| Post: #9 Posted: Tue Jun 10, 2014 10:33 am Post subject: |
|
|
|
|
| Back to top |
|
|
welgro
Brown Belt
Joined: 24 Sep 2012
Posts: 1784
|
| Post: #10 Posted: Tue Jun 10, 2014 10:31 pm Post subject: |
|
|
|
|
| Back to top |
|
|
welgro
Brown Belt
Joined: 24 Sep 2012
Posts: 1784
|
| Post: #11 Posted: Wed Jun 11, 2014 10:07 am Post subject: |
|
|
|
|
| Back to top |
|
|
welgro
Brown Belt
Joined: 24 Sep 2012
Posts: 1784
|
| Post: #12 Posted: Wed Jun 11, 2014 1:27 pm Post subject: |
|
|
|
|
| Back to top |
|
|
welgro
Brown Belt
Joined: 24 Sep 2012
Posts: 1784
|
| Post: #13 Posted: Wed Jun 11, 2014 9:21 pm Post subject: |
|
|
|
|
| Back to top |
|
|
welgro
Brown Belt
Joined: 24 Sep 2012
Posts: 1784
|
|
| Back to top |
|
|
welgro
Brown Belt
Joined: 24 Sep 2012
Posts: 1784
|
| Post: #15 Posted: Thu Jun 12, 2014 11:43 am Post subject: |
|
|
|
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
