Last week crude oil crashed as we predicted and now if click our support and close below this level then get ready for cheaper fuel and crude oil can hit till 82-80.20$
If crude oil price click our resistance and manage to close above this resistance then we may see price till 92-94.20$
More will update on twitter http://twitter.com/mohdarfat
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Posted by mohdarafat
crude oil updates
Crude oil trading at 106$ a stiff support at 105$ if this support hold and market remain above this than we are ready for 107-108$ and more after that
mcx support 5270
a good resistance at 108.5$ if crude oil break this and sustain above this level than market may fire further 110-112$
Mcx Resistance: 5510
More will update to our subscribers
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Posted by mohdarafat
crude updates weekly 6th february 2012
crude oil has manage to not close below 97$ which was last week’s support now a good support in crude oil price at 94.20$ if crude oil breaks and give close below this level than you may get a relief in petrol prices as well as crude oil may target till 91- and below 90$ as well
a good resistance now at 99.20$
if price sustain and give close above this level we may see crude oil firing at 101$ and more after that
watch daily crude oil levels for more
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Posted by mohdarafat
