Commodities
Thursday, August 19, 2010
Crude
Crude: ( Bearish)
Crude closed at 75.42 on 18\08\2010. It has retraced 78.6% of recent fall at high of 82.97 on 04\08\2010 & completed wave-B. It has now started wave-C decline. It has target of $60 (A=C).
One should sell it at CMP or in pull back as well with SL-82 for the target of $60.
Crude closed at 75.42 on 18\08\2010. It has retraced 78.6% of recent fall at high of 82.97 on 04\08\2010 & completed wave-B. It has now started wave-C decline. It has target of $60 (A=C).
One should sell it at CMP or in pull back as well with SL-82 for the target of $60.