Thursday, October 22, 2015

Crude prices fell 10% from the top level @ Buy Positional Holding Calls

Restored in crude prices in the international market has not before much time shopping. In the past six trading sessions on Nymex crude fell from $ 52 per barrel to $ 46.80 per barrel has come. the upper level of prices has fallen 10 percent in Crude Oil.

Crude experts say traders were long expected recovery in prices and the recent rally was supported by the fact, but record production in Saudi Arabia and the weak GDP data of China again increased the pressure on crude prices. The reason is that China is the world's largest importer. At the moment, given the current fundamentals, crude prices may Slip 40 per barrel.

Holding Calls Free for Long Term
Dear all Long term Investor's don't Buy MCX Crude Oil right, If you want Buy MCX Crude oil than You can Buy it around 2,800 to 2900 levels and put target 3,200 and second target will be 3,500 and stop loss 2611. you can hold 15 November and trade 1 to 10 lot.
Thanks & Reagrds

MCX Expert 


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