Manish Damani

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Why this sudden crash in crude half an hour ago??

Any news?
YES NEWS IS THAT API weekly crude stock (American Petroleum Institute ) Data is very negative for crude Actual-3.17m Expected:2.10m previous:0.5m.
So crude fall like this as it is overbought to hr . in 5hr and daily chart that is the reason I am giving sell call. Now in morning I hope good profit for me. AS I was shorted at 5175 that trade I yet not close.:clap:
 
Crude
PV-$96.33 R1/2/3-97.21/97.74/98.62 S1/2/3-95.8/94.92/94.39. As posting very early if any rectification then I will post again.
:thumb:
 
Crude
PV-$96.33 R1/2/3-97.21/97.74/98.62 S1/2/3-95.8/94.92/94.39. As posting very early if any rectification then I will post again.
:thumb:
Rectifying above as given in 4 Am so apology for the same.

PV-$95.78 R1/2/3-96.62/97.74/98.58 S1/2/3-94.66/93.82/92.70:).
 
Today if fall extend then MACD crossover in sell signal in Daily chart of Nymex will happens soon in 1-2 day. Use rally for sell. Keep R1 as your stoploss in $ terms.Heiken Ashi also given Sell signal in Daily chart of Nymex. Any body wants to play for 50-100 points he can play. PV-5187 R1/2/3-5204/5229/5246. S1/2/3-5162/5145/5120.
As all 2 supports breaks so 5120 is our initial target intrday. I am in profit of 40 points because I dont let my stoploss as given triggered. But here if I wont give then if some time negative happen and you loose patient then problematic. My calls usually works but some time due to market senario it might happen few days latter. As in this market along with knowledge guds to take trade is important. Small stoplosses mostly triggered.If some one really want to earn more then he has to take some risk too after using his best of knowlegde.Its a personal view and suggestion on how to trade crude.
 
Today if fall extend then MACD crossover in sell signal in Daily chart of Nymex will happens soon in 1-2 day. Use rally for sell. Keep R1 as your stoploss in $ terms.Heiken Ashi also given Sell signal in Daily chart of Nymex. Any body wants to play for 50-100 points he can play. PV-5187 R1/2/3-5204/5229/5246. S1/2/3-5162/5145/5120.
As all 2 supports breaks so 5120 is our initial target intrday. I am in profit of 40 points because I dont let my stoploss as given triggered. But here if I wont give then if some time negative happen and you loose patient then problematic. My calls usually works but some time due to market senario it might happen few days latter. As in this market along with knowledge guds to take trade is important. Small stoplosses mostly triggered.If some one really want to earn more then he has to take some risk too after using his best of knowlegde.Its a personal view and suggestion on how to trade crude.
it was a superb call bro..as usuall.... :thumb:
 
Sell crude 5180 sl 5186. Target 10-15 points
 
5172 getting 8 points book profit or keep tralling sl ur wish
 
13 points 5167 booked
 
sell if any bounce above 5180 keep 5225 as your final sl. For 50-100 poinst
 

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