Wednesday 22 February 2017

crude, higher top - higher bottom

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.

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8 comments:

  1. gagan jain2/22/2017 12:17 pm

    Thanks for the call

    ReplyDelete
  2. Anonymous2/22/2017 2:53 pm

    Crude is coming down, hope it will not hit the s/l

    ReplyDelete
    Replies
    1. vaibhav144762/22/2017 3:16 pm

      as per the chart pattern, it should take support around support line.

      Delete
  3. Anonymous2/22/2017 4:43 pm

    What is best price to buy crude

    ReplyDelete
    Replies
    1. vaibhav144762/22/2017 6:45 pm

      above 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.

      Delete
  4. Anonymous2/22/2017 8:56 pm

    Sir any update on crude

    ReplyDelete
  5. Unknown2/23/2017 2:31 pm

    Any update today

    ReplyDelete
  6. Unknown10/17/2017 11:42 pm

    Thanks for sharing this information with us
    Silver sell Vienna

    ReplyDelete

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