Friday, July 4, 2008

CRUDE intraday

Crude oil was little changed in New York after rising to a record yesterday as investors purchased commodities as an alternative to flagging equities markets. Now support for the crude is seen at 6177 and below could see a test of 6110. Resistance is now likely to be seen at 6305, a move above could see prices testing 6366.
Trading Ideas
• TRADING RANGE IS 6110-6366.
• SELL CRUDE @ 6245-6260 SL 6300 TGT 6220-6190-6145-6080.. MCX
• IMP IS 140$ IN INTERNATIONAL.


MCXARUN
9994500540

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