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 oscillator is showing SELL signal For
short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is
5125-5117-5061-4926-4846-4840-. Immediate resistance for Crudeoil is 5228
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 5136 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 5254.7 with a stop at 5170.5 Below 5149.4 go for sell with a stop at 5233.6
Intraday Resistance of CRUDEOIL are 5236.3/5264.7/5293.2/5329.7/5366.2
Intraday Support of CRUDEOIL are 5167.7/5139.3/5096.1/5077.2/5041.7/5006.2
Intraday Trend- Buy is advised above 5254.7 with a stop at 5170.5 Below 5149.4 go for sell with a stop at 5233.6
Intraday Resistance of CRUDEOIL are 5236.3/5264.7/5293.2/5329.7/5366.2
Intraday Support of CRUDEOIL are 5167.7/5139.3/5096.1/5077.2/5041.7/5006.2
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