Crudeoil is in long- term bull phase .Currently Crudeoil
is in strong downtrend but volume is unsatisfactory The open interest is not
increasing with trend . In last few days volume based selling happened in the
Crudeoil. The oscillator is showing SELL signal For short term Crudeoil is in SELLposition.Positionally
Support for the Crudeoil is 5016-4945-.Resistance for the Crudeoil is
5125-5163-5170-5175-
Short
term and Intraday Level of CRUDEOIL
Currently Crudeoil is in HOLD SHORT position Crudeoil is in sideways so for short term
better buy above 5104.0 with stop at 4986.0 The Crudeoil is now trading is
approaching oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 5137.3 with a stop at 5040.4 Below 5014.9 go for sell and put stop at 5111.7
Intraday Resistance of CRUDEOIL are 5101.5/5127/5169.4/5199.2/5235.3
Intraday Support of CRUDEOIL are 5050.5/5025/4982.6/4949.9/4914.8/4879.8
Intraday Trend- Buy is advised only above 5137.3 with a stop at 5040.4 Below 5014.9 go for sell and put stop at 5111.7
Intraday Resistance of CRUDEOIL are 5101.5/5127/5169.4/5199.2/5235.3
Intraday Support of CRUDEOIL are 5050.5/5025/4982.6/4949.9/4914.8/4879.8
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