Crude oil update 16 Aug 2016: dear all, I was having gut feel about crude that the time crude crosses 2910 and most importantly 2940 it was sure almost that it will going to come in range of 3110 to 3140 , I believe that crude may turn back from range of 3125 to 3140 so one can take sale position at price of 3125 to 3140 and can take stop loss 3152 and should be taken care with the volatility of INR. target would be down below 80 to 100 rupees .
Silver : Again from the range of 45800 to 900 silver toom a turn back and went till the price of almost a 1000 rs up. But it's looking to go down side again unless it open above 46666 and give a closing above it silver will remain weak and I think if it won't cross 48250 on closing basees we may see it down to 44000 or 42000 even
Thanks
Gaurav Bhati
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