NYMEX crude will see resistance at $94
Updated time:-10:30 am 30th july 2012NYMEX crude is trading now at $90.5 which will face a strong resistance at $94 so keeping stop loss of $94 on can create a short position on crude oil on every rise for a target of $84.
similarly at MCX crude is trading near 5020 one can create sort position but this sort position is for sort term as on over all crude oil is heavily bullish.