Kshitij Consultancy Services
Graph Gallery WHERE ARE THE GLOBAL MARKETS GOING?
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FUNDAMENTAL CHARTS
Morning Briefing Brent (51.69) and WTI (49.42) have been well supported due to decrease (-3.6M) in U.S crude oil inventory and near term Oversold condition. In a major downtrend like this, the bounces are generally seen as fresh shorting opportunities by the big money with the speculators excited with the fast movement. While we have been expecting a bounce from 51.69 to53.80 in Brent and 49.42 to 51.50 in WTI , we prefer to wait for higher levels to create fresh short positions.
Last Updated Open High Low LTP
27-Apr-17 49.26 50.2 48.88 49.06
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2 Comments


sujatha
JUN 28, 2016 AT 10:28 AM

Good morning. Great going. Happy to see your Morning Briefing here. Crude will be "crude" if one is not handling it properly. Sell on rise mode... Happy shorting at each and every rise. thanks and regards

Vikram Murarka
JUN 28, 2016 AT 11:38 AM

Thanks, Sujatha. I am glad you like it. Please tell your friends. Spread the word.