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 highly overbought level. The Crudeoil is now trading in highly
overbought level. The oscillator is showing SELL signal For short term Crudeoil
is in HOLD LONG position.Positionally Support for the Crudeoil is
5112-5103-5043-4911-4839-4838-. Immediate resistance for Crudeoil is 5209
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 5111 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 5209.6 with a stop at 5116.6 Below 5092.6 go for sell with stop at 5185.5
Intraday Resistance of CRUDEOIL are 5178.5/5201.3/5236.1/5255.2/5291.5/5327.9
Intraday Support of CRUDEOIL are 5123.5/5100.7/5058.7/5039.9/5004.5/4969.2
Intraday Trend- Buy is advised above 5209.6 with a stop at 5116.6 Below 5092.6 go for sell with stop at 5185.5
Intraday Resistance of CRUDEOIL are 5178.5/5201.3/5236.1/5255.2/5291.5/5327.9
Intraday Support of CRUDEOIL are 5123.5/5100.7/5058.7/5039.9/5004.5/4969.2
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