Friday, August 27, 2010

Crude Oil Update



Crude oil Update 27.08.2010


Crude Oil Update :

Buy Crude oil @ 70 $ - 71 $ . immidiate Price Target 74 Levels . No Stop loss . Take Second Average Posisition @ 69.30 Level.

Keep eye on this level. Wait Before This call will initiate
Reason For the Entry.

RSI indicator is turn from 40. Buy when if it comes 30 levels .
The maximum Bouncing Range is 70-71 L:evels . So 70  $ levels is acting as a good support for crude oil.


Regards,

R.Karthikeyan
TL-Commodities,
Indiainfoline Ltd,
Kovai Road- Karur.
Mobile : 95979 69363

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