Insignia Consultants
New Delhi
Wednesday, July 24, 2019
TIME 9:12AM
IST
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MCX CRUDE OIL
AND NATURAL GAS REPORT
Crude oil will break free from the
recent consolidation phase anytime and form a new range. Natural gas either
rises or crashes.
TECHNICAL VIEW
Crude
oil 19th August 2019: (previous day close/CMP Rs.3948)
- There can be sharp pull
back rallies as long as crude oil does not fall below 3826 to 4015 and
4146.
- Crash will be there
below 3820.
Natural
gas 26th July 19 (previous day close/CMP Rs.158.40):
- NG can rise to 170 and
176 by Thursday as long as it trades over 153.00.
- Crash will be there
below 153.00.
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
"Print this report only if absolutely
necessary. Save Paper. Save Trees."
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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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