Crude oil

amarnath · #51 31st October 2005, 09:31 PM

Quote:

Originally Posted by amarnath

Hi all,

Still technically market looks in range expected . A break below 60.20 would bring 59.80 zone again into focus so attempt a tiny long @ 60.10 <> 59.80 stop loss below 59.30 target 60.60 1st then 61.20 north windows and only break and close above 61.95 would bring bullish momentum into run

Range : 59.80 <> 60.20

Supports : 60.20 , 59.80
Resistance : 61.40 , 62.30 , 63.15

Happy Trading and Good lucks

Entry window filled 60.20 < > 59.80

amarnath · #52 31st October 2005, 11:20 PM

Quote:

Originally Posted by amarnath

Entry window filled 60.20 < > 59.80

Exit 60.20 <> 59.80 area longs @ mkt 60.15 and stand aside

amarnath · #53 31st October 2005, 11:30 PM

Wish all Traderji members HAPPY DEEWALI and Good Lucks

amarnath · #54 2nd November 2005, 10:50 AM

Hi all,

Still market is in congestion zone of 60.60 < > 59.30 . Now there is both good deal of support @ 59.20 area and resistance @ 60.60 , 61.25 .So we have to plan trades accordingly .For today long @ 59.60 <> 59.30 stoploss below 58.60 target 60.60 1st and 61.20 area trail stp cost once 60.60 trades and short @ 61.35 stoploss above 61.90 target a small correction towards 60.75

Happy Trading and Good lucks

amarnath · #55 2nd November 2005, 09:21 PM

Quote:

Originally Posted by amarnath

Hi all,

Still market is in congestion zone of 60.60 < > 59.30 . Now there is both good deal of support @ 59.20 area and resistance @ 60.60 , 61.25 .So we have to plan trades accordingly .For today long @ 59.60 <> 59.30 stoploss below 58.60 target 60.60 1st and 61.20 area trail stp cost once 60.60 trades and short @ 61.35 stoploss above 61.90 target a small correction towards 60.75

Happy Trading and Good lucks

close 40 % of longs @ 59.30 <> 60 @ 60.45 close level to expected 60.60 target and place trial stp @ BE for rest of longs

amarnath · #56 2nd November 2005, 10:27 PM

Quote:

Originally Posted by amarnath

close 40 % of longs @ 59.30 <> 60 @ 60.45 close level to expected 60.60 target and place trial stp @ BE for rest of longs

Trail stp @ BE for longs @ 59.30 <> 60 hits . wait aside for new entry now . A break above 60.20 will bring some bullish momentum again . GLGT

amarnath · #57 7th November 2005, 10:03 AM

Hi all,

As expected 60.20 area break out triggered price window to 61.40 <> 60 zone well and booked some profits and 61.30 sell off area not triggered on mcx market price as market remained semi open basics on last week holiday events .

For today 62.10 is very strong resist zone to be taken out and market eased its bullishness as it eased price level below 60.20 breakout trigger . A agressive break below 59.30 would accelerate losses towared 58 zone

First trade look to long @ 60.10 <> 59.80 stoploss below 59.30 target 60.20 <>60.45 and second trade look to sell @ 60.40 <> 60.90 stoploss above 61.40 target 59.55 <> 30 1st and 58.65 2nd

supports : 59.55 , 59.10 , 58.45

Resistances : 60.85 , 61.30 , 62.10

Happy Trading and Good lucks

amarnath · #58 7th November 2005, 07:07 PM

Quote:

Originally Posted by amarnath

Hi all,

As expected 60.20 area break out triggered price window to 61.40 <> 60 zone well and booked some profits and 61.30 sell off area not triggered on mcx market price as market remained semi open basics on last week holiday events .

For today 62.10 is very strong resist zone to be taken out and market eased its bullishness as it eased price level below 60.20 breakout trigger . A agressive break below 59.30 would accelerate losses towared 58 zone

First trade look to long @ 60.10 <> 59.80 stoploss below 59.30 target 60.20 <>60.45 and second trade look to sell @ 60.40 <> 60.90 stoploss above 61.40 target 59.55 <> 30 1st and 58.65 2nd

supports : 59.55 , 59.10 , 58.45

Resistances : 60.85 , 61.30 , 62.10

Happy Trading and Good lucks

long entry @ 60.10 <> 59.80 triggered

amarnath · #59 7th November 2005, 09:42 PM

closed short @ 60.40 @ 59.55 <> target met

for second trade longs @ 60.10 <> 59.80 place precise stoploss @ 59.20 on bounce exit long entry @ BE or small profit and await for next signal

GLGT

amarnath · #60 7th November 2005, 09:47 PM

long entry @ 60.10 <> 59.80 stoploss 58.20 stoploss triggered

waiting aside till fresh signal develops

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