Manish Damani

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I am intentionally giving sell due to bearish harmonic pattern in daily chart because any time fall could start till patter wont fail. crude daily chart is extremely over bought. If you trap then also u get a chance to exit. its holding so $ 94 so cuatious becuse a pattern also in weakly chart. If consolidate in between $90-94 then breakout is heavy.
 
crude is currentlt trading at $93.86 and made a low of$93.64 approx. So friends it has taken long time after our market prediction is not wrong but time wont favoured us.
In mcx it would be approx 5115 and low will be near 5103-5104 approx.
 
Crude could give more correction in nymex. But i would like watch today its behavior in day time as rs/$ behavior could make our equation debalanced show friends wait for evening dont trade in day time in crude atleast for today. Those who are looking this thread and trading. It has fallen in nymex but due to rs/$ not showing his effect. I am posting on supp/resis only better trade after 5. Today is inventory too. Api data is not very negative for crude.
Crude
pv-$94.11
r1/2/3- $94.58/95.34/95.81
s1/2/3-$93.35/92.88/92.12
 

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