Commodity MCX / NCDEX tips, Crude oil tips, energy tips, FREE Stock, Commodity & Forex tips, mcx tips

Identifying the Crude Oil Price Next Big Move

free commodity crudeoil chart calls

free commodity crudeoil chart calls

According to this chart, MCX crude oil is trying to climb upward. It has started upside rally from the beginning of May.

Here, I have applied Volume, DMI, MA, and Fib Retracement to identify the next move. Moving average of 50 & 200 is throwing direct up signals by crossover. And here, ADX is less than 25 but +DI above the -DI. Hence, we have chances to see slow movements.

Smart investors can buy for 3260 – 3300 – 3360 – 3400 levels.

In the previous trading session, it has created a Doji. It’s a direct sign of a reversal or trend continuation. But if it breaks the support line, the crude oil will fall to 88.6% (2982) – 78.6% (2735) of Fib retracement levels.


Would you like to get our all commodity updates instantly? We have an option for you.
Click Here: Free Commodity Tips

Do you want to get Premium Calls only?
Click Here: Premium Commodity Tips

If you have any questions or concerns about Commodity Market then contact by following ways:
Email: [email protected]
Phone: +91 903 386 2706

Have you any question/feedback about this article? Please leave your queries in the comment box for answers.


Previous ArticleNext Article
Mr.Dev, has been in the forex and commodity markets since 1997. He’s one of the few non-biased investment advisors to have correctly called the current bull / bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts on Indian commodity markets & currency, he is becoming increasingly more renowned. Mr.Dev has been quoted in many of the newspapers. He is a highly recommended technical analyst by many of the local financial newsletters and advisory services. He also is founder of commodity profit sharing service on Moneymunch.

Click here to get premium commodity market tips / forex tips by Mr.Dev.

Subscribe to get daily FREE Commodity tips / Forex currency tips. Send email to Mr.Dev: [email protected] or you may call him on +91 903 386 2706.

6 Comments

  1. Thank you for the black Friday offer I missed the previous offer. I purchased a plan,subscribed and I regularly follow you.

Leave a Reply

Comment Policy: We love comments and appreciate the time that readers spend to share ideas and give feedback. However, all comments are manually moderated and those deemed to be spam or solely promotional will be deleted.