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 SELL signal For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is
5112-5095-5032-4907-4840-4835-. Immediate resistance for Crudeoil is 5209
Short term and Intraday Level of CRUDEOIL
Currently
Crudeoil is in HOLD LONG position Crudeoil has crossed the high but the
trend was not strong and sellers was at high so for short term better buy above
5240 with stop at 5077.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 5240 with a stop at 5146.4 Below 5122.2 go for sell and put stop at 5215.7
Intraday Resistance of CRUDEOIL are 5223.1/5258/5305/5341.5
Intraday Support of CRUDEOIL are 5138.9/5104/5071.9/5053.1/5017.7/4982.3
Intraday Trend- Buy is advised only above 5240 with a stop at 5146.4 Below 5122.2 go for sell and put stop at 5215.7
Intraday Resistance of CRUDEOIL are 5223.1/5258/5305/5341.5
Intraday Support of CRUDEOIL are 5138.9/5104/5071.9/5053.1/5017.7/4982.3
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