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Quick Update on Crude

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CMP : $52.47
 
Weekly charts of Crude Oil shows that crude is trading in a tight range between 52-55 levels.
History shows that crude is facing huge resistance levels at this point of time. And for the last
four weeks crude is moving between these levels. So any move in crude above $55 will be a
bullish moment for the crude market in short term.
Source:
www.marketcalls.in

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Rajandran is a Full time trader and founder of Marketcalls & Co-Founder of Traderscafe, trades mostly using discretionary Trading Concepts like Market Profile, Trading sentimental analysis, building timing models, algorithmic trading models. Instructs professional traders, full time traders & aspiring full time traders. Rajandran attended college in the Chennai where he earned a BE in Electronics and Communications. Rajandran has a broad understanding of trading softwares like Amibroker, Ninjatrader, Esignal, Metastock, Motivewave, Market Analyst(Optuma),Metatrader,Tradingivew,Python and understands individual needs of traders and investors utilizing a wide range of methodologies.

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