BUY US OIL 44.05 STOPLOSS 43.60, EXIT 30 % 46.40 EXIT 45% 47.90 EXIT REMAINING 49.55, TUNE TO YOUR BROKER.

Again Nifty buy levels

As expected correction happening in US30 and India Nifty

2.145 copper futures trend reversal ????

5

holding oil futures,swap charges is a concern.

Oil in strong consolidation phase

Little tense today as my shorts on Nifty giving me loss. Revisit to Nifty. interesting to see how market unfolds when double FIBO used.

Expecting Nifty level to buy

US 30 - LAST LEG OF CORRECTION DUE ????

Thats all, Oil producers cheer up and you will recover your losses, be assured oil will not fall below 43.50

But as citizens we have  to pay extra for our fuel requirement hereafter.

Understand more traders buying oil futures, bullishness slowly gaining ground sighting DATAs

If we look at the charts long term technicals and fundamentals go hand in hand and they are not separate.

Like US 30, I still look for 7285 minimum INDIA Nifty spot for a meaningful buy and sit tight for 10800 + / - 25 pts.

Dec 2007 - 6185
Dec 2010 - 6145;

taken drawing a line interconnecting  - 2700  (26)

taken drawing a line interconnecting  - 6100  (26)