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Tuesday, July 21, 2009

CRUDEOIL

Aug: - This counter also looks positive but before touch 3250 it should touch 3050 first. Once can buy around this level. This week keep you're eyes on trend decider level of 3050 if it continue maintain above this level it may touch 3200-3250 again very soon & below 3050 you can see again down trend till 2900. But remember in dollar terms if it maintains below $63 it may looks again weak till $58-$55 very soon. Today it will face resistance 3180 & support 3080-60.

INTRDAY BASIC: - WEAK TILL 3050

WEEKLY BASIC: - WEAK TILL 2900

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