Don’t read about this crude oil report if you recently joined Moneymunch commodity newsletter. Who’s following Moneymunch from long time, they know what I was saying about crude oil. If you forget it then click here and read it now.
I had clearly written, “You can sell crude oil while it will close or go below to 3055 level …crude oil can show fall upto 2900-2700 levels. This are seller’s area!”
As we said, crude oil well played and hit our 1st target 2900 level and made low 2831 in yesterday trading session.
What are you expecting now? Will crude oil go more down or run up from here?
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Copper almost lost 6.2 rupees on last trading session. Today, MCX Copper will try to recover yesterday loss, and it may hit the 328 levels after the opening bell.
If you would like to sell it, then wait for the 324.8 levels. Once it will stay below the level minimum 1 hour, then in upcoming days it will show you 321.5-319.5 levels.
If I want to buy anything for sure profit, then I would like to go with Crude Palm Oil (CPO).
Targets: 524.4-526.4
Stop loss is available for members only!
Note: today I highly recommend to watch metal commodities. Aluminium, Copper, Lead, Nickel & Zinc are at turning points. For receive Metal commodities reports – Subscribe to our free newsletter services.
Get free MCX ideas, chart setups, and analysis for the upcoming session: Commodity Tips →
Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.
i bought 10 lot sir. cpo touch first target sir. should i book profit now or wait for second target?
Respceted Mr.Vaishnav,
For intraday traders, 1st target is profit booking level. For more information email at [email protected]
Thank you!
sirji copper ka aapne jaise kaha waise hi hua. open bhi uppr hua aur aapka level bhi touch kiya. Me aapke sell level ka wait kar raha hoon ji.
aur sirji aapka cpo ka target aa gay. thank much sir.
sir hats off you. crude oil did what you said. it’s enough to join you without asking any questions because i m watching your tips over 1 months. superb service!
TO DAY I SHORT LEAD AT 121, CAN YOU GIVE IN WHICH LEVEL IT WILL REACH . I ASKED BROKER HE SAID TARGET 119, 188.50.. IS IT RIGHT OR NOT.