MCX Crude Trading Tips – Above 4001 Target 4220—4410, Buy on Dips – Neal Bhai
U.S. crude stockpiles fell 8.6 million barrels last week, in contrast to expectations for an increase of 2.8 million barrels, government data showed.
crude oil inventory
MCX Crude Oil Tips Above 3900 Target 4080—4140—4220
MCX Crude Oil Tips Above 3900 Target 4080—4140—4220
MCX Crude Oil settled down 3.75% at 3932 after US President Trump said oil prices are “too high”. The comment that urges OPEC to lower the cost of crude put pressure on the Saudi-led group to soften its price-boosting output cuts.
Crude Oil Outlook 14 Feb 2019
Gold Silver Reports (GSR) – We expect oil prices to trade higher today as the OPEC supply cut and cut in Venezuela exports on account of sanctions coupled with progress in the US-China trade relation.
Crude Oil Under Selling Zone Resistance Level @ 3888
Gold Silver Reports (GSR) – Crude Oil on MCX settled down -3.28% at 3749 as signs of a spreading global economic slowdown stoked concerns over future fuel demand. China’s state planner warned that the downward pressure on the economy will affect China’s job market as falling factory orders point to a further drop in activity in coming months and more job shedding.
MCX Crude Made Hammer Or Bullish Tasuki Pattern, Break Out Level 3888 Above Big Blast on Chart – Neal Bhai Reports
MCX Crude Made Hammer Or Bullish Tasuki Pattern, Break Out Level 3888 Above Big Blast on Chart – Neal Bhai Reports
Keep Eye on Magical Level 3888
CRUDE MCX MEGA UPDATE – Watch Closing Basis Stop Loss + Magical Level 3333 Buy Lion Heart Trader, Target 4000—4444 (HOLDING CALL)
Buy Lion Heart Trader, With Closing Basis Stop Loss (HOLDING CALL)