Tuesday, December 15, 2009

CRUDE 15.12.2009

Posted by Ramesh at 10:20 AM
Long Abv     : 3279 For 3290 - 3300 - 3311 - 3322
Short Below : 3257 For 3246 - 3236 - 3225 - 3214
10.48 - Short Entered
01.45 - 1st tgt achieved (Low-3242)
Long Entered
1st tgt achieved
2nd tgt achieved
3rd tgt achieved
4th tgt just missed by 4 points

15 + 39 = 54 points profit

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The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. "No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses" Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip.