crude oil Expiry of september month today huge down
below 5620 while open at 5656 and made high 5665 , low of day at
5614 , October contact crude oil made low at 5591 and evening session
traded at 5621.
why down fall today:
most of factor increase production in Libya and Nigeria
as well demand of Chines reduce in crude oil as well Record storage
capacity in US so prrices down fall continusly last one month.
Now trading tips:
sell crude oil OCTOBER 5630 target 5600/5580/5550
stoploss 5650
buy mcx copper above 420 target 423/427 stoploss 417
