Thursday, 8 September 2016

Crude oil has short given but not confirm .... 8 Sept 2016

Yesterday the crude oil has given buy signal and today it is open with gap up. And in after noon session it has given short signal but the short signal is not confirm as per system rule . Hence positive signal may be treated as continued. Now it has mark new high.  You can observe further target as per fibonacci level given in chart. ( 7 : 15 PM )

 10 Min chart

30 Min chart


Parag Patil is a technical analyst and trading system designer with stock excel programmer. I hope the articles and live chart of nse future and mcx on this Website will be as helpful and profitable to you . I try to update and post new articles tips everyday. My motto is to encourage the traders, so that they should able to understand the technique views behind the moment of stocks. I have deeply analyzed with many technical indicator with parameter and added to my amibroker afl. And even taken backtest report which is never being implemented. Any of the analyst expect me. Seeing all this you may understand that my views is more technical than commercial. If you are profited by my views I fill happy.


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