Crudeoil is in long- medium- term bull phase .Currently
Crudeoil is in strong uptrend with good momentum 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 oscillator is showing BUY
signal For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is
5101-4994-4918-.Resistance for the Crudeoil is 5208-5209-5222-
Short
term and Intraday Level of CRUDEOIL
Currently
Crudeoil is in HOLD SHORT position The Crudeoil is in downtrend For short
term buy only if close above 5232.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 5245.3 with a stop at 5149.8 Below 5124.9 go for sell
Intraday Resistance of CRUDEOIL are 5206.4/5224.1/5278.8/5298/5334.4/5371
Intraday Support of CRUDEOIL are 5163.6/5145.9/5100.7/5081.8/5046.3/5010.8
Intraday Trend- Buy is advised above 5245.3 with a stop at 5149.8 Below 5124.9 go for sell
Intraday Resistance of CRUDEOIL are 5206.4/5224.1/5278.8/5298/5334.4/5371
Intraday Support of CRUDEOIL are 5163.6/5145.9/5100.7/5081.8/5046.3/5010.8
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