Tuesday, June 30, 2009

Crude Technical Analysis 30th June 2009


As the Day Started Clients were Fwded with Short Call on Crude

Postional Sell MCX crude At 3475 SL of 3540

Crude had Formed a bearish candlestick stick pattern of shooting star at top of Chart is indicates a Pause in the uptrend and possiblity of Change in trend , after that We Saw follow up selling and is Now trading at 3430 levels , Have Moved the SL closer to 3510 Now to play safe

Updateing chart So people Every One can understand what actually they are trading


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