Crude Short At 5100 - 5200 sl 5390 Target : 4000 - 3800

In The CME the crude oil has been declined sharply and indian markets also reacted to the glogal market. well the fall in crude we was expecting from past two weeks but the consolidation was started and crude was range bound in the 101 to 102 levels. and finaly made a double top formation as we guessed few day earlier the crude done it and we can lood an apportuonity to short the crude.
                       well as a chartist i think crude will again build a rally to climb 96 - 98.50 doller ownwords. and there is a nice chance to enter in a short sell in the CME and MCX also. crude is likely trying to touch the 89.76 level and today crude made a weekly new low and now the time to test the upwritten levels . as CME wtic / crudeoil will start to fall mcx will also follow the sentiment of globe. so what will be the stretegy to trade crude in mcx !

                                         just wait for crude to touch 5150 - 5200 level and short the crude for longer term view and the last lower target is 400 - 3800 . if you have good paience and money to hold the crude overnight then this golden opportionity waiting for you. be calm and wait for a good entry point then create a good trade at fixet price level.

Thanks
_____________________
Mr. Yuvraj Kalshetti.
my trading corp.
Shop no. 3, Kalshetti Complex,
Saraf line , Omerga, 413606
02475 - 251888