Improve your crude oil trading game with expert tips and insights from Moneymunch. Our free tips are tailored for Indian MCX and COMEX markets to help you make informed decisions.
Today crude oil will remain under downward pressure. It can move down up to 3700 – 3610 levels.
Caution: once it will crossover the yesterday’s high, stay away.
Support: 1600
If mentha oil drops back below 1600, we will see 1540 – 1500 levels.
If not, it will keep continuing moving upside up to 1660 – 1700.
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You must avoid trading in Gold between 31040 to 30700 range. These levels are trend identifier.
Above 31040, gold has more chances to move up. That can be up to 31226 – 31360 – 31500 – 31600.
Below 30700, deadly downtrend. That can be up to 30560 – 30426 – 30260.
If crude oil breakouts 4000 level then a downtrend will restart. Further information will be updated soon.
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Into Mentha oil, there is two possibility that will attract buyers or sellers.
Mentha oil closing price at or above 1820 level will attract the buyers. It can hike the price up to 1850 – 1870 – 1900.
But don’t buy from 1776 level because this level can break down mentha oil prices up to 1750 – 1740 level.
On 15 Nov 2018 (4 days ago), we have updated a positional call on MCX Crude Palm Oil.
Click here and read
I had written, “we will see the level of the following targets soon: 522 – 516 – 510”.
This call all targets has come (per lot profit 15K).
Note: CPO’s downtrend isn’t over here. It will resume after a complete breakout of 500 level.
From 12-10-2018 to 30-10-2018, Gold’s has touched 31820 many times. Why it’s not showing closing price below to this level? Its demand is suddenly increasing at this point.
If it cycle will break today, we may see 31720 – 31650. And if not then gold will go with the flow.
On last Tuesday (23-10-2018) crude oil lost -237 rupees in single trading session. Crude oil is still underselling pressure. And from this week beginning, I’m recommending to sell to the paid subscribers.
You can check today’s crude oil call →
But crude oil can bounce from 4800. Why? I will give a detailed explanation into the next report.
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After a reversal, we may see a strong uptrend. Crude oil traders must look 5550 level.
Targets: 5626 – 5660+
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Keep watching nickel & lead price. Nickel’s level of 962 is very crucial and 143.6 for the lead. Today we can see unlimited rallies in these commodities.
Zinc is preparing itself for 206 – 210 – 214 levels. Why? When? Accurate entry level?
Further information about Lead, Nickel & Zinc will update on our mobile app.
Yesterday, cardamom lost 2.1 rupees and closed at 1372 level. We may see the following target levels soon: 1350 – 1336
Yesterday candle of Cotton is indicating downfall ahead. Further information about Cotton is available here: Click here
Click here and read the first update of crude oil
I had written, “…it breakout 5200 level yesterday. Next? Intact Targets: 5340 – 5400 – 5440“.
The day before yesterday crude oil has made a high of 5512. Yesterday it made a high level of 5669.
Our all targets have come. This call has generated at/above 5200 level. Profit per lot Rs.22,000. Enjoy our free trading calls!
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What I had written about Zinc on September 23, 2018, 7:17 pm. If you didn’t read that report, click here and read it now.
I had written, “…complete Breakout/Closing above supply zone line can start an unstoppable upside rally up to 190 – 195 – 200“.
Yesterday Zinc made a new high of 199.95. This call has generated at 182 level. Per lot profit Rs.90,000.
It’s a profit booking time. Enjoy our free commodity trading alerts.
Never miss our special reports. Still, you have some time, if you would like to earn money by trading in crude oil.
Read the previous report of crude oil: click here
The first target of crude oil has come in the last trading session by making the high of a level of 5356.
Do you think crude oil will hit (second & third targets) 5400 & 5440 level this week?
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You must read the last week report of Zinc now. A big rally & opportunity is waiting for you: Click here
Note: a special report on Aluminium will update in this week. A solid profit-making opportunity is reloading.
From August month’s beginning, MCX Cotton price is falling down. Level of 21800 is very crucial. A massive selling pressure will come whenever it breaks 21800 level. It could be up to 21600 – 21400 – 21200 levels.
This trading strategy will work in the following condition: Two negative closing price + Below the crucial level = Targets.