Apr,
Crudeoil has reached a recent all time high in recent times and has the possibility of reaching 4664 and if there is a reversal the support is around 4000 points and if it goes further then you can see the fall till 3850. The US Dollar rates and also the global oil prices are in the high @ 60.09 USD which is also a good sign.
The demand is increased and hence the prices have also moved up. We can look for a positive trend if it moves over 4150 and 4180.
Disclaimer: This is my personal observation and I will not take any responsibility for any looses incurred by anyone. Please use your own technical and fundamental analysis to make a decision.
CRUDEOILM 19APRFUT - 21 March 2019 - Buy, Sell Strategy
CRUDEOILM 19APRFUT - Call / Put Strategy
Crudeoil has reached a recent all time high in recent times and has the possibility of reaching 4664 and if there is a reversal the support is around 4000 points and if it goes further then you can see the fall till 3850. The US Dollar rates and also the global oil prices are in the high @ 60.09 USD which is also a good sign.
The demand is increased and hence the prices have also moved up. We can look for a positive trend if it moves over 4150 and 4180.
Disclaimer: This is my personal observation and I will not take any responsibility for any looses incurred by anyone. Please use your own technical and fundamental analysis to make a decision.
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