CRUDE OIL AND NATURAL GAS WEEKLY TARGETS FOR 08 MAY TO 12 MAY 2023

CRUDE OIL AND NATURAL GAS WEEKLY TARGETS FOR 08 MAY TO 12 MAY 2023

by admin- Saturday, May 6th, 2023 08:13:42 AM

CRUDE RANGE 5300/6500
EXPECTED VOLATILITY

LEVEL 1 – CRUDE MAY BUY RISKY ABOVE 5880 SUSTAIN TGTS 5930/80 SL 5840 RES 6200 IMP THEN 6500
LEVEL 2 – CRUDE BELOW 5840 SELL TGTS 5790/40 SL 5880 SUP 5550 IMP THEN 5300 SUP RISKY SL 5270

NAT.GAS RANGE 130/225
TESTING VOLTILE LEVELS

LEVEL 1 – NAT.GAS MAY BUY ABOVE 180 TGTS 185/90 SL 177 RES 200 IMP THEN 225
LEVEL 2 – SELL BELOW 175 TGTS 170/65 SL 178 SUP 155 IMP 1ST THEN 130 FOR REVERSE SL 127 RISKY BELOW SUSTAIN DIP

News Updates