Previous   Next
HomeBusinessWTI Crude: BIG Picture

WTI Crude: BIG Picture

In yesterday session, Global liquidity selloff was seen; more than 12.5% fall in a single session, which was beyond my expectation. My apologies to all that I can’t let you know, what beyond 73.05/72.06 level, actually 67.91-64.93  zone, was final target of this month calculated by a method.    

For now, low has been made yesterday at 67.38 or it will take support at 64.93, this level might be upside reversal.

Clearly downside is limited at these level and it may be long opportunity for 104.54(-23.6% retracement fib.)

Below 61.07, I will close my long.

Time frame could be the period for 1 to 3 Months.   

For more clarity about predicted target of 104.54 or what to do after stop out, there will be update on first week of December.

Stay updated on nayenews.com.

More News

Congress Yukt BJP, Says Shashi Tharoor After RPN Singh Leaves Party

Aday after Congress’s star campaigner for the Uttar Pradesh election, RPN Singh, joined the Bharatiya Janata Party, senior leader of the party and Lok...

It Doesn’t Matter If Someone Leaves Or Join Congress, Says Rajasthan CM Ashok Gehlot

Congress is a movement having a history of 135 years and some leaders leaving the party does not make any difference, Rajasthan Chief Minister...

NBA: Minnesota Timberwolves Beat Portland Trail Blazers 109-107

Anthony Edwards had 40 points and the Minnesota Timberwolves rallied in the fourth quarter to beat the Portland Trail Blazers 109-107 on Tuesday night. Karl-Anthony...


Sensex Jumps 367 Points, Nifty Ends Above 17,250

The 30 stock S&P BSE Sensex of the Bombay Stock Exchange opened the trade in the red at 57,158.63 points and tumbled to a...

Ratan Tata Honoured With Assam’s Highest Civilian Award ‘Assam Baibhav’

Assam Governor Jagdish Mukhi on Monday conferred the state's three highest civilian awards to 19 distinguished personalities in different fields. In presence of Chief Minister...

Sensex Sinks 1,546 Points, Nifty Ends Below 17,200

The sell-off continued on the fifth session on January 24 with benchmark indices losing nearly 3 percent each. At close, the Sensex was down 1,545.67...