DOE Inventory Update:

Crude Oil Inventory  Actual: 2717K   Survey: -1000K Prior: -809K

Distillate Inventory Actual:  1708K    Survey: 1400K   Prior: 2619K

Gasoline Inventory Actual: 4134K   Survey: -1000K  Prior: -1815K

Refinery Utilization  Actual: 1.00%   Survey: -10%  Prior: -0.70%

Momentum Call : Sell Crude @ Cmp: 4965,T1: 4945,T2: 4925,SL: 5021 @ 25.07.12,08:00 PM

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum
Reserve) increased by 2.7 million barrels from the previous week. Data Impact : Negative for crude oil prices. 

Momentum Call Update : Crude Call, Sell Given @ 4965 ,Low:4920,All Targets Achieved,Profit:4000+ per Lot @ 25.07.12,08:08 PM

Crude oil Aug MCX : Immedaite support is at 4899 levels. break and Sustains below the same it is likely to extend its drop until 4870/4838 levels. Intraday bias remain downside. We suggest selling on pullbacks. CMP 4907 @ 25.07.12,08:30 PM

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