Crude oil tips
A good day for our Crude oil trading signals and Mcx tips subscribers , We asked them to buy this major commodity. It fired and our subscribers exited at our target, look what trading tips we provided them today.
Buy Nymex crude oil 58.65$ with stoploss of 58$ for Target 59.30$. This trade advice fetched us nearly 55 pips and we made approx 550$ profit per lot in this trade.
Buy mcx crude oil future 3748 SL 3708 Target 3790. This trade gave us nearly 4200 Indian rupees profit per lot.
It fired and our both signals targets achieved.
Currently its trading at 59.69$, a good hurdle on this major commodity stands at 60.20$. If traders take this hurdle out and manage to sustain trade above our resistance. Then expect more firepower in this commodity upto 61.50$ – 63$ today.
A good support on this major commodity stands at 58$, If traders tank this base and manage to sustain trade below our support. Then expect some pressure in oil prices upto 56.50$ – 55$ today.
Current trend is positive for now. Avoid major selling in this major commodity.
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