Crudeoil is in perfect uptrend .Currently Crudeoil is moving sideways The oscillator is showing SELL signal but has moved past its recent high with good volume points to a positive break out . The oscillator is showing SELL signal For short term Crudeoil is in SELL position and closed above 1 week high with volume signals up breakout.Positionally Support for the Crudeoil is 5157-5147-5144-5041-4955-4896-. Immediate resistance for Crudeoil is 5255
Intraday Trend- Buy is advised above 5275.2 with a stop at 5200.7 Below 5182.9 go for sell with a stop at 5257.4
Intraday Resistance of CRUDEOIL are 5258.2/5287.5/5336/5342.5/5379.1
Intraday Support of CRUDEOIL are 5199.8/5170.5/5122/5089.8/5054.1/5018.7
Short term and Intraday Level of CRUDEOIL
Crudeoil closed above 1 week high with volume signals up breakoutCurrently Crudeoil is in HOLD LONG position In short term Crudeoil is in strong up trend so hold with stop at 5134 The oscillator is showing BUY signalIntraday Trend- Buy is advised above 5275.2 with a stop at 5200.7 Below 5182.9 go for sell with a stop at 5257.4
Intraday Resistance of CRUDEOIL are 5258.2/5287.5/5336/5342.5/5379.1
Intraday Support of CRUDEOIL are 5199.8/5170.5/5122/5089.8/5054.1/5018.7
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