Thursday 26 September 2013

Technical updats on Crude Oil


Crude Oil daily chart



Crude Oil is trading at an important support level . Down trend will resume if it close below this level . We are holding short since 6600.

Nifty medium term trend


Trend  Down
Initiation Date 25-09-13
Initiated at  5873
Low Since Change 5864


Thought for the day


Mighty plans of action can be undertaken only by equally mighty men. A man is mighty according to the amount of energy and concentration and tranquility of mind he can bring into his undertaking with confidence in himself and faith in the goal he has chosen to reach - Swami Chinmayananda

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