CRUDE OIL AND NATURAL GAS WEEKLY TARGETS FOR 01 MAY TO 05 MAY 2023

CRUDE OIL AND NATURAL GAS WEEKLY TARGETS FOR 01 MAY TO 05 MAY 2023

by admin- Saturday, April 29th, 2023 08:43:48 AM

CRUDE RANGE 5600/6900
EXPECTED VOLATILITY

LEVEL 1 – CRUDE MAY BUY RISKY ABOVE 6300 SUSTAIN TGTS 6340/00 SL 6270 RES 6600 IMP THEN 6900
LEVEL 2 – CRUDE BELOW 6260 SELL TGTS 6220/6170 SL 6290 SUP 5900 IMP THEN 5600 SUP RISKY SL 5570

NAT.GAS RANGE 150/245
TESTING VOLTILE LEVELS

LEVEL 1 – NAT.GAS MAY BUY ABOVE 200 TGTS 205/10 SL 197 RES 220 IMP THEN 245
LEVEL 2 – SELL BELOW 195 TGTS 190/85 SL 198 SUP 175 IMP 1ST THEN 150 FOR REVERSE SL 147 RISKY BELOW SUSTAIN DIP

News Updates