Insignia Consultants
New Delhi
Friday, May 3, 2019
TIME 9:12 AM
IST
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MCX CRUDE OIL
REPORT
Crude
oil 20th May 2019: (previous day close/CMP Rs.4287)
o
Key support is at 4245.
o
Crash will be there only below 4245.
o
Crude oil needs to trade over 4304 to be in intraday
bullish zone.
o
Look for short covering before the weekend.
o
Key long term support is at 4081.
Disclaimer: Any opinions as to the commentary, market
information, and future direction of prices of specific currencies, metals and
commodities reflect the views of the individual analyst, In no event shall
Insignia Consultants or its employees
have any liability for any losses incurred in connection with any
decision made, action or inaction taken by any party in reliance upon the
information provided in this material; or in any delays, inaccuracies, errors
in, or omissions of Information. Nothing in this article is, or should be construed
as, investment advice. All analyses used herein are subjective opinions of the
author and should not be considered as specific investment advice.
Investors/Traders must consider all relevant risk factors including their own
personal financial situation before trading.Website www.insigniaconsultants.in.
Prepared by Chintan Karnani
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NOTES TO THE ABOVE
REPORT
ALL VIEWS ARE INTRADAY
UNLESS OTHERWISE SPECIFIED
PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY
CLOSING BASISPLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.
ALL PRICES ARE IN INDIAN RUPEE UNLESS OTHERWISE SPECIFIED
APPROPRIATE STOP LOSSES PER LOT IN INDIAN RUPEEES ON THE TRADING CALLS GIVEN IN THIS REPORTTHE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT
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