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MCX:CRUDEOIL Share Price Discussion

MCX:CRUDEOIL
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Find answers to all your questions on live MCX:CRUDEOIL message board: Is MCX:CRUDEOIL buy or sell? Should I buy MCX:CRUDEOIL shares? Why are MCX:CRUDEOIL shares falling? Should I invest in MCX:CRUDEOIL stock?



Global Update
From OPEC+
* Saudi Arabia will continue to voluntarily cut 400K B/D and will cut an additional -167K
*total OPEC+ cuts will amount to 2.1 million B/D after improved compliance.
OPEC+ showing readiness by meeting in March
*Aramco will start trading on Wednesday next week. There is an incentive for Saudi to keep the price elevated into the trading next week.
Impact: Positive for Crude oil
Source: Forexlive
Crude oil has its support at 4100 and resistance at 4270.
Three Consecutive close plus weekly close and sustain above 4270 will see upside rally till 4450—4500 levels in days to come.
Fresh selling will do on a close below 4100 levels.
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3 Replies
Kani @kani-r1K3j1lPB
Dec 7 4:51 PM

Thank u for update...

Wlc
Kani @kani-r1K3j1lPB
Dec 7 4:52 PM

Keep updating us bro....
Recent posts in MCX:CRUDEOIL

This week
+20+50+20+60
Total 150
Profit 15000/- this week.
Previous week loss covered
Ready for counter attack from next.
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@ajithkumar • Reputation: 10,536

Rig count report not good for buyers. But my trial call sl safe for 4 points.
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@CRUDESSKING • Reputation: -5,664

MCX:CRUDEOIL - 541638
I'm Expecting Down side
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@mohan-B1lZEEB1E • Reputation: -19,482
CRUDEOIL 19FEB20 FUT

Type
Buy
Instrument
CRUDEOIL 19FEB20 FUT
Entry Price
₹4,167
Price@Trade
₹4,167
Target Price
₹4,215
Stop Price
₹4,135
Valid Till
Jan 24, 2020 11:45 PM
Margin
₹39,444.75 approx for 100 Qty
Status
Active
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@mksHkW8w2CMS • Reputation: -296
MKS in MCX-CRUDEOIL
Tgt 40 pts SL 30 points

Target achieved.
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@ajithkumar • Reputation: 10,536

Better do intra day trades in crude
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