Crude Oil
Support at 2400 and resistance at 2480----2540
Close below 2400 will take to 2330---2280 mark else it could
test its resistance level of 2480---2540 again
Further upside rally seen only close above 2540 mark
Trade safely with levels only... Anything seems will update.
Natural Gas
As expected... Panic continues and made a low of 114.30. We
recommended selling below 121 mark
Now what to expect???
Close below 114 will see further panic till 111---108.50
mark in days to come
Will it break 100 mark???
Traders can trade with levels only and those are holding
short as per our level can book part profit and revise stop loss at cost to
cost i.e. of 121.
More will be update soon!!
