Thursday, December 17, 2009

CRUDE 17.12.2009

Long Abv     : 3395 For 3406 - 3418 - 3429 - 3440
Short Below : 3373 For 3362 - 3351 - 3340 - 3329
08.00 - 1st Trade Long  Entered
08.05 - 1st tgt achieved
08.10 - 2 tgt just Missed by 1 point
09.45 - 2nd Trade Short Entered
10.05 - 1st tgt achieved
10.20 - 2nd tgt achieved
22 + 21 = 43 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.