Daily Research Report 22 DECEMBER 2015

CRUDE OIL

BUY   TARGET   SL   SELL   TARGET   SL

2410 2510 2380 2360 2260 2390

Technically, Crude Oil JAN futures have strong support at 2360   & Resistance at 2410 levels. The Broad Trend in Crude Oil remains Bearish. So, it’s advised to go sell on Crude Oil futures in all the higher levels with a final stop loss 2410 levels

For the day Sell in Crude oil DEC futures if it breaks below 2360 a target of 2260 or If it Breaks 2410 levels go long or a target of 2510 Levels.

NATURAL GAS

BUY   TARGE T SL   SELL   TARGET   SL

128 135 126 123 118 125

Technically, Natural Gas DEC futures have strong support at 123 & Resistance at 128 levels. The broad trend remains Bullish So, it’s advised to go buy in all the lower levels with a final SL at 123 levels

For the day Sell Natural Gas DEC Futures if it breaks   123 levels for a target of 118 contrarily go long in Natural Gas DEC Futures if it breaks above 128 levels for a target of 135.

These Recommendations are based on TECHNICAL ANALAYSIS, THEORY, RESEARCH and NEWS. Due care has been taken while preparing these comments, no responsibility will be assumed by author for the consequences what so ever, resulting out of acting on these recommendations we are not responsible for any losses made by traders. The calls made herein are for informational purposes and are not recommendations to any person to buy or sell any securities. The information is derived from sources that are deemed to be reliable but its accuracy and completeness are not guaranteed. The above calls are based on the theory of technical analysis and news. The author does not accept any liability for the use of this column. Readers of this column who buy or sell securities based on the information in this column are solely responsible for their actions. Neither the author nor his company either trade or have position in any Call mentioned in this column.