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 5116-5109-5050-4918-4841-4839-. Immediate
resistance for Crudeoil is 5209
Short term and Intraday Level of CRUDEOIL
Currently Crudeoil is in HOLD
LONG position Crudeoil is moving sideways so short term investor
better to buy only above 5188.0 with stop at 5102.0 The Crudeoil is now trading
is approaching overbought level. The oscillator is on SELL signal and Crudeoil
is coming down from overbought level
Intraday Trend- Buy is advised above 5209.3 with a stop at 5125.8 Below 5104.9 go for sell
Intraday Resistance of CRUDEOIL are 5174/5188.1/5247.8/5267/5303.3/5339.8
Intraday Support of CRUDEOIL are 5140/5125.9/5070.3/5051.5/5016/4980.7
Intraday Trend- Buy is advised above 5209.3 with a stop at 5125.8 Below 5104.9 go for sell
Intraday Resistance of CRUDEOIL are 5174/5188.1/5247.8/5267/5303.3/5339.8
Intraday Support of CRUDEOIL are 5140/5125.9/5070.3/5051.5/5016/4980.7
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