Monday, October 31,2011. 12:05 hrs.
Crude looking weak for the day. But, current level is not for creating a short position.
Wait for the higher levels. One can create the selling position at 4567 -72 with a stoploss of 4594. If you are trading in more than 1 lot, create the first position at 4541.
The first target for the position is 4467.
Crude Nymex Daily
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