Daily Research Report 30 DECEMBER 2015

CRUDE OIL

BUY   TARGET   SL   SELL   TARGET   SL

2530 2630 2500 2450 2350 2420

Technically, Crude Oil JAN futures have strong support at 2450   & Resistance at 2530 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 2530 levels

For the day Sell in Crude oil JAN futures if it breaks below 2450 a target of 2350 or If it Breaks 2530 levels go long or a target of 2630 Levels.

NATURAL GAS

BUY   TARGE T SL   SELL   TARGET   SL

160 167 158 154 146 156

Technically, Natural Gas JAN futures have strong support at 154 & Resistance at 160 levels. The broad trend remains Bullish So, it’s advised to go buy in all the lower levels with a final SL at 154 levels

For the day Sell Natural Gas JAN Futures if it breaks   154 levels for a target of 146 contrarily go long in Natural Gas DEC Futures if it breaks above 160 levels for a target of 167.

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.