Mcx Crude Oil Report : 6th June 2019

Insignia Consultants

New Delhi

Thursday, June 6, 2019

TIME 9:45 AM IST                   

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MCX CRUDE OIL REPORT

Momentum is very bearish for crude oil. Technically oversold.

Crude oil 19^th June 2019: (previous day close/CMP Rs.3602)

1. Crude oil needs to trade over 3500 till Monday to rise to 3741 and 3840.
2. Crash till tomorrow will be there only below 3500.
3. Momentum is bearish.

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NOTES TO THE ABOVE REPORT

ALL VIEWS ARE INTRADAY UNLESS OTHERWISE SPECIFIED

PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS
PLEASE 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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