Rajandran R FollowFounder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.
Will MCX Crude bouce back from the lows?
14 sec read
MCX Crude Oil on the hourly charts had moved to buy mode after a lenghty sideways movement since 13th Jan 2012. MCX Crude on the hourly chart had taken support near Rs5070-5080 zone and also trading above the ichimoku cloud indicating possible low risk Buy trade on MCX Crude. Supports are near Rs5100/Barrel. One can initiate longs with tight Stop loss below Rs 5100.
Rajandran R FollowFounder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.
