MCX Crude :Laxman Rekha at 3548

Just watch 3548 level.

Decisive crossover above this level or two close above this level will create heavy buying.

Above 3548…Nonstop rally upto 3688-3735 not ruled out.

-Pls Don’t trade blindly.

Apart from levels ,many other factors we have to see while we trade in Precious or Base Metals ,Crude and Natural Gas.

-Indian Traders had lost their fortune in Commodity /Metal trading in MCX.

-In Stock Market 90% Traders are losing money.But in Commodity/Metal /Crude and Natural Gas……100% no winner at all.

-In India its pure Satta (Andazi goda )…all these Metals/Crude or Natural Gas trend is decided by US Market only.

-I don’t understand …What benefit Indian Traders are geting while they trade in MCX ?Just avoid trading at all….Best Strategy…Take NYMEX /COMEX trading terminals and trade.

Indian Traders are looking Inventory of US and trading in Natural Gas/Crude.Indian Traders dont have access to Future Position of GOLD ,Silver or Base Metals in COMEX or London Metal Exchange !!

Updated at 12:51/09th June/Baroda

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