MCX Crude Oil Report: 8th February 2019
Friday, February 8, 2019
TIME 9:09 AM IST
MCX CRUDE OIL REPORT
Crash will be there if crude oil trades below Rs.3700.
Crude oil 19th February 2019: (previous day close/CMP Rs.3734)
Bullish over 3760 with 3823 and 3900 as price target.
Bearish below 3700 with 3632 and 3535 as price target.
Neutral Zone: 3700-3760
One Support: 3700
One Resistance: 3760
- Crash will be there below 3700 to 3632 and 3536.
Watch 3700. Crude oil can move 150-200 either side from 3700.
Disclaimer: Any opinions as to the commentary, market information, and future direction of prices of specific currencies, metals and commodities reflect the views of the individual analyst, In no event shall Insignia Consultants or its employees have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided in this material; or in any delays, inaccuracies, errors in, or omissions of Information. Nothing in this article is, or should be construed as, investment advice. Website www.insigniaconsultants.in. Prepared by Chintan Karnani
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NOTES TO THE ABOVE REPORT
ALL VIEWS ARE INTRADAY UNLESS OTHERWISE SPECIFIED
UK session starts around 1:00 pm Indian Standard Time (+5:30 GMT)
US session starts at 6pm pm Indian Standard Time (+5:30 GMT)
PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS
PLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.
ALL PRICES ARE IN INDIAN RUPEE UNLESS OTHERWISE SPECIFIED
APPROPRIATE STOP LOSSES PER LOT IN INDIAN RUPEEES ON THE TRADING CALLS GIVEN IN THIS REPORTTHE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT
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