Today, a break below Rs. 5231.12 levels saw in crude oil price,correct to a low of Rs. 5075 levels. The Pullbacks towards the Rs. 5140.89–Rs. 5165.45 levels must be used by traders to go short in crude oil. The Rs. 5021 / Rs. 4985 levels are the next downside targets in Crude. Traders which are already short in crude oil can hold on their shorts for the above revealed downside targets.
Monday, January 16, 2012
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