Manish Damani

[MANISH_DAMANI]

api data -
16:30 USD API Weekly Crude Stock 4.71M 2.25M 3.74M

4.71m is current and previous was 3.74m. Expected 2.25 m. SO it was negative. Let what current if bounce come even above SL then also sell big fall is about to come.

 

[MANISH_DAMANI]

after breaking 5240 big fall possi if closing below it. 5112-5075.Only exception is any geopolitical tention for this.But as seems it was just statment war. But we have to take them serious.

 

[MANISH_DAMANI]

US: Sources pointing out WashPost article on "Obama administration pushes banks...

US: Sources pointing out WashPost article on "Obama administration pushes banks
to make home loans to people with weaker credit" at
http://www.washingtonpost.com/business/economy/obama-administration-pushes-banks
-to-make-home-loans-to-people-with-weaker-credit/2013/04/02/a8b4370c-9aef-11e2-a
941-a19bce7af755_print.html

 

[MANISH_DAMANI]

10:00 USD ISM Non-Manufacturing Index 54.4 55.8 56.0
10:30 USD Crude Oil Inventories 2.707M 2.200M 3.256M
10:30 USD Gasoline Inventories -0.572M -0.825M -1.596M
data is not little negative as per expectation but lower than last time.

 

[MANISH_DAMANI]

crude 1 st target given achieved.let see for another target.

 

[MANISH_DAMANI]

crude made a low of 5216. when direction given 5275-7280. if started trading below 5220 then 5180 next target.

 

[MANISH_DAMANI]

crude 2nd target hit. made a low of 5194. Now let see for 3rd traget

 

[MANISH_DAMANI]

In honor of few friends I posted swing trade as they told me do so but I dont know how much have taken this swing trade. Well nearly 70-80 points profit who has followed.

 

[DSM]

Great going Sir. You are the master of Crude. Thanks for sharing your knowledge and experience. It is a great learning by just following your thread. My respects to you.

crude 2nd target hit. made a low of 5194. Now let see for 3rd traget

 

[MANISH_DAMANI]

Great going Sir. You are the master of Crude. Thanks for sharing your knowledge and experience. It is a great learning by just following your thread. My respects to you.

Sir I dont stand to this.Sir I am not master but servant of market what it says trying to obey that. I could trade in other commodities, equity , currency too. But I found crude is better for intraday. Because as you are regular observer of calls of many people so how silver and other base metals are doing you better know. In my opinion crude always give chance to earn. Even you can see my silver calls few small Sl hits few times of 200 points but over all return of 3000+ in last 1 months though I am not counting that only in 8-12 calls But I use to give direction for swing of 500-1000 points. Like currently 1-2 days earlier I have given silver target of 50000-49500. Made a low of 50423.Almost near to my target. Today opening will also be very small weak.:thumb: