NG & Crude

[zabeen2004]

I believe its going to be a sell as it is constantly trading below 284. Keep watching OI very closely while nearing Inventory that will give a clue. And I believe it is trading below 284 and in 5 mins heavy sell off when it tried to test 284 (RED CANDLE ON TOP). Till now its a sell with SL 284 but if it breaks with volumes then trend change is confirmed here.
Finally all symptoms looks bearish. Keep watching the OI at present it is 12180 price 282.5 I will try to post near 8.55 with more views of mine.

 

[TraderPRO]

Generally, Mar is late winter. and i think, its buy at dips for positional. my 2 cents.

 

[zabeen2004]

283,4 is the 23% retracement point from its fall that is why it is testing and falling. It has already tested and fell for the third time...Looks like its just going swing in this inventory.

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I will stay away from this inventory if it is confusing for the next few mins as well.

 

[zabeen2004]

OI is falling.. I am taking the risk shorted 281. SL 283.5+

 

[deepakkukrety]

275 is a crucial trenchanger lvl for NG and I feel it shud hold and we shud get a bounce back abv 300+ lvls..

 

[zabeen2004]

Me too joining from 280.4 with sl 282-4

 

[zabeen2004]

be ready to chase the shorts with TSL ...

 

[deepakkukrety]

m long from 280.10 jus b4 data...lets see..

 

[zabeen2004]

Broken on the upper side start the chase

Exited myself will enter later as confusing

 

[zabeen2004]

Look at this charts guys.... Everybody went to sellers at 8 and at 8.01 everybody went to buyers. Finally bull won.. the race till now.. Hope the chart explains well...