22nd Feb 2017, 11.16 a.m
simple Dow theory, higher top-- higher bottom chart pattern formation is going on in crude. It is bullish chart pattern. You can see it by following no's 1-1, 2-2, 3. For intraday traders, go long and earn some money. Use support line as sl & R1 as tgt. Jay Shriram.
Update 1, 22nd Feb 2017, 07.3
Sl triggered @ 3617, sl hit, 42 points loss, that is Rs 4,200. Very sorry, thank you Jay Shriram.
Thanks for the call
ReplyDeleteCrude is coming down, hope it will not hit the s/l
ReplyDeleteas per the chart pattern, it should take support around support line.
DeleteWhat is best price to buy crude
ReplyDeleteabove supportline, nearest low to support line is best buy. But remember that," if it breach support line and stay below for a while, it will breach 600 and then try to go near 3550. current situation is hopeless because low made by price is just above 1 rupee from supportline.
DeleteSir any update on crude
ReplyDeleteAny update today
ReplyDeleteThanks for sharing this information with us
ReplyDeleteSilver sell Vienna