Showing posts with label Energy Update. Show all posts
Showing posts with label Energy Update. Show all posts

Wednesday, March 14, 2012

Energy Update

You might see rally in crude oil as the landing cost in India is very close to 110$ per barrel & in Nymex it is trading around 105$ per barrel so, we are at the premium of 5$ per barrel So, holding buy call with strict S/L is needed if the spread ranges in between 5-10$ per barrel but if spread moves towards discount then exit all buy calls


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