Crude oil to the moon 🚀
Crude oil price soars up and breaches the $100 mark!
$111.1 (as of 4th March 6:30 PM)
This could adversely affect paint and oil marketing companies as well as small-caps.
Why small caps, you ask?
Well, historical data (since the start of 2004) show that every time Brent oil crossed a certain level, there have been sustained corrections in small-cap indices.
Crude oil price soars up and breaches the $100 mark!
$111.1 (as of 4th March 6:30 PM)
This could adversely affect paint and oil marketing companies as well as small-caps.
Why small caps, you ask?
Well, historical data (since the start of 2004) show that every time Brent oil crossed a certain level, there have been sustained corrections in small-cap indices.
Trend Chart
BSE - I have added few today at 1105, if it break trend line then I will add few more around 1000. But this is long term holding
Bse trading at 2700, can book some profit or hold for long term
Trend Chart
CIPLA - at strong support can buy keep 855 as SL
Finally breakout -
Trading Pyscology Lessons From The Great WD Gann - Bramesh's Technical Analysis
https://www.brameshtechanalysis.com/2022/03/12/trading-pyscology-lessons-from-the-great-wd-gann/
https://www.brameshtechanalysis.com/2022/03/12/trading-pyscology-lessons-from-the-great-wd-gann/
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We are not SEBI registered
Disclaimer as per SEBI norms:
Equity Investment are subject to 100% market risks.
Refer your financial consultant advice before Investing.
This group is only for Educational and Learning, Knowledge Purposes.
Admins have no responsibility for your intended decision & financial losses.
Keep calculated & always analyzed your cash position and risk bearing capacity before following msg of our group postings.
Stock market investments are VERY RISKY and being part of this group, you agree that you understand the Market risks involved.
Profits and Losses are part of Share market. Kindly understand and act wisely.
All member pls follow guidelines as applicable even in past too.
Disclosure
-This group does not provide any tips/recommendations/advice
-All updates/posts/discussions are only for education and learning purpose.
-Do Consult your financial advisor before taking trades or investment decisions
-Group Admins or Members are not responsible for any financial losses and profits
Note - terms and conditions applicable to all members of this channel
We are not SEBI registered
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