NYMEX WTI CRUDE OIL MARKET INDEX LIVE REAL TIME TIPS TARGETS

UPDATE AS ON 16 SEPTEMBER 2020 WEDNESDAY AT 05.00 PM IST

CRUDE OIL NYMEX WTI FUTURE : CLOSED AT 38.28 $ ( All figures are in US $ )

So last time I advised that : 

20.08 is the first resistance and above that it will surely go to 22.09 also , but once close above that and also these countries agrees than targets are 24.50 first followed by 36.80

And you can see that currently it is at 39.60 and went to 44 also.

NOW


38.11 is the SL on closing basis and once it will close above 39.23, it will go to 39.98 and once it close above 39.98 also than straight away one way non stop target is 40.15 followed by 42.80 and 44 + once again.

If in any condition it HITS the SL on closing basis, remember on closing basis, than panic will start till 35.98 and will come back UP from there.

Remember that this time it will be competition both the sides, it will see buying from between 36 to 38 and it will see selling from 42 to 44

SO OVERALL TRADING RANGE FOR NOW AND FOR MAY BE THIS MONTH IS 36 AND 44 ONLY

 

I WILL UPDATE MORE TIPS AND TARGETS DURING MARKET HOURS LIVE AT MY LIVE BLOG

GOOD LUCK

For History & Records Of Previous Tips & Targets For Indian Stock Market, CLICK HERE

UPDATE AS ON 17 APRIL 2020 FRIDAY AT 05.00 PM IST

CRUDE OIL NYMEX WTI FUTURE : CLOSED AT 18.27 $

 

Due to disagreement between Russia and Saudi countries, OIL fell sharply from appx 42 $ to 18.27 $ and it seems after days they are going to agree on certain terms, lets see.

17.09 is very good support as per normal market conditions and agreements between these countries over oil production raito etc. 

20.08 is the first resistance and above that it will surely go to 22.09 also , but once close above that and also these countries agrees than targets are 24.50 first followed by 36.80

It will gain more power one it cross 27.71


I WILL UPDATE MORE TIPS AND TARGETS DURING MARKET HOURS LIVE AT MY LIVE BLOG

GOOD LUCK

For History & Records Of Previous Tips & Targets For Indian Stock Market, CLICK HERE

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