Thursday, 15 September 2016

Crude oil short continued as per system: 15 Sept 2016


Crude oil futures were trading lower in the domestic market on Thursday as investors and speculators exited positions in the energy commodity as data showing large weekly builds in the US petroleum products offset a surprise draw in crude stockpiles.

The US Energy Information Administration reported that crude inventories dropped 559,000 barrels during the week ended September 09 while analysts expected a build of 3.8 million barrels.

At the MCX, crude oil futures for September 2016 contract is trading at Rs 2,928 per barrel, down by 0.14 per cent, after opening at Rs 2,940, against a previous close of Rs 2,938. It touched the intra-day low of Rs 2,938

 crude oil has short given @ 3029 , running profit ++100 pnt as per system. 

About

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.

0 comments:

Dear Friends,
Sorry to say that you are suffered for the chart initially available, now they are restored and you can very well see the chart on money99.org similar to money99.in.
And all of you are intimated that we are going to develop more and more in money99.org to facilitate your dreamy demands.

Latest updates tips : Follow

© Copyright 2015 Money99. Designed by Parag Patil