NG (MCX): Week of - 26/12/2022
Levels:
Support: 430, 400, 380, 350
Resistance: 450, 500-520, 550
OI Data (23rd Jan Expiry):
Nearest Major Resistance in Crude per OI data: 450
Nearest Major Support in Crude per IO data: 400
Trade setup:
1. Looking at the OI data, most likely range-round is: 400-500
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 460 | 425 | 500| 525
-----------------------------------------
SELL | < 400 | 425 | 380 |350
+++++++++++++++++++++++++++++++++++++++++
Support: 430, 400, 380, 350
Resistance: 450, 500-520, 550
OI Data (23rd Jan Expiry):
Nearest Major Resistance in Crude per OI data: 450
Nearest Major Support in Crude per IO data: 400
Trade setup:
1. Looking at the OI data, most likely range-round is: 400-500
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 460 | 425 | 500| 525
-----------------------------------------
SELL | < 400 | 425 | 380 |350
+++++++++++++++++++++++++++++++++++++++++
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