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MCX Crude :Laxman Rekha at 3548

  
Crude, Education
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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

Reliance to decide trend of market

  
Analysis, Education
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RELIANCE : Below 997 level.Stock will crash to kiss 960-948 level.

-In panic around these levels ,U can Buy small qty.

-If Judgement is in favour of Reliance then stock will not break 948 level.And sharp rally not ruled out.

RNRL : 61-59 are support.Laxman Rekha at 76 level.

 Break below 59 with volumes will take  to 56-51 level.

Above 76,Nonstop rally upto 83-85+ level.

I will update more during trading hrs ,Free advice :Don’t trade till Judgement is out ,Iam telling …you all will save Tons of money.

Updated at 12:59/07th May/BARODA/INDIA

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