Crudeoil is
in perfect uptrend .Currently Crudeoil is in strong uptrend and the trend is
supported with good volume The open interest is not increasing with trend .
Cautious point is buying at higer levels seems decreasing. The Crudeoil is now
trading in overbought level. The Crudeoil is now trading in overbought level.
The oscillator is showing BUY signal For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is
5168-5148-5117-4965-4889-4857-. Immediate resistance for Crudeoil is 5269
Short term and Intraday Level of CRUDEOIL
Currently
Crudeoil is in HOLD LONG position In short term Crudeoil is in strong up
trend so hold with stop at 5186 The Crudeoil is now trading is approaching
overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 5246.2 with a stop at 5186.7 Below 5173.9 go for sell with stop at 5233.3
Intraday Resistance of CRUDEOIL are 5235.8/5257.2/5303.3/5322.5/5359.1/5395.7
Intraday Support of CRUDEOIL are 5184.2/5162.8/5124.8/5105.9/5070.3/5034.7
Intraday Trend- Buy is advised above 5246.2 with a stop at 5186.7 Below 5173.9 go for sell with stop at 5233.3
Intraday Resistance of CRUDEOIL are 5235.8/5257.2/5303.3/5322.5/5359.1/5395.7
Intraday Support of CRUDEOIL are 5184.2/5162.8/5124.8/5105.9/5070.3/5034.7
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