CRUDE OIL TREND FOR TODAY-14-FEB-2013

Crudeoil is in perfect uptrend .Currently Crudeoil is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is 5166-5156-5063-4969-4903-. Immediate resistance for Crudeoil is 5294

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 5192 The Crudeoil is now trading is approaching overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 5287.5 with a stop at 5224.5 Below 5210.6 go for sell with stop at 5273.5
Intraday Resistance of CRUDEOIL are 5272.6/5292.2/5340.6/5359.9/5396.6/5433.4
Intraday Support of CRUDEOIL are 5225.4/5205.8/5161.5/5142.5/5106.7/5071.1

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