Manish Damani

[rahul_crude]

IF CRUDE starts trading below 5070 its can go upto 4925. But for today we have to keep eye on levels- 5031(200 ema) as support,5008 (kelter band lower range), 4986/4973.
Pivot level I will post on market opening.Instead shorting crude in day time wait for some dip- near 5050-5030. As seems good support in ichimoku, 200 ema.Oversold in hourly chart of nymex.So better wait keep sl of 5030 as you stop. Seems weak but cautiously have to make strategy at right time. It is just view for day. Real timing of taking trade if possi I will post.
At Nymex
PV-93.7. S1/2/3-92.81/92.14/91.25 R1/2/3-94.37/95.26/95.93.Stoplosses though deeper but must to protect fro big losses in case of any geopolitical tension.

Have a nice day:thumb:

Good Afternoon Manish..

Looking at daily chart I feel crude has potential to test $92 mark. It might take support & also test 200 MA.. it might happen today or on Monday. but other charts are asking to buy.. . So little upward movement can be seen today. would like to sell on highs.... what do you say

Waiting for ur call sirji. :thumb:

Cheers!

 

[MANISH_DAMANI]

Good Afternoon Manish..

Looking at daily chart I feel crude has potential to test $92 mark. It might take support & also test 200 MA.. it might happen today or on Monday. but other charts are asking to buy.. . So little upward movement can be seen today. would like to sell on highs.... what do you say

Waiting for ur call sirji. :thumb:

Cheers!

Good Afternoon Bro. yes it can go upto $92. 5050 seems good support. it is oversold extremly in 1 hrs chart but some fall left in 5 hrs chart. for seller 5100 will be Sl. But currently I will wait for buy signal on intraday basis. or sell in rise.:thumb:

 

[rahul_crude]

Good Afternoon Bro. yes it can go upto $92. 5050 seems good support. it is oversold extremly in 1 hrs chart but some fall left in 5 hrs chart. for seller 5100 will be Sl. But currently I will wait for buy signal on intraday basis. or sell in rise.:thumb:

Cheers Manish.
Waiting for ur call.

 

[MANISH_DAMANI]

exit copper after this hour. Use any dip below cost to exit.

 

[MANISH_DAMANI]

dont buy crude just keep watch. Seems week after 2 hr big fall expecting . So wait and watch today better.

 

[MANISH_DAMANI]

buy crude cmp 5042 sl 5028 target of 5060/5070.Strict sl is must today

 

[MANISH_DAMANI]

buy silver cmp 51110 sl 51000 target 51400

 

[MANISH_DAMANI]

exit copper after this hour. Use any dip below cost to exit.

keep trail sl at 511.70

 

[MANISH_DAMANI]

sl hit in silver. but we will buy again at lower level at correct time.

 

[MANISH_DAMANI]

be in sell side of silves 51000 sl cmp 50900. target 50600-50500