Crudeoil is in long- term bull phase .Currently Crudeoil
is in strong downtrend with good momentum and the trend is supported with good
volume 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 SELL position.Positionally Support for the
Crudeoil is 4937-.Resistance for the Crudeoil is 5052-5161-5163-5184-5190-
Short
term and Intraday Level of CRUDEOIL
Currently Crudeoil is in SELL position The Crudeoil is in downtrend
For short term buy only if close above 5082.0 The Crudeoil is now trading in
highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 5068.6 with a stop at 5002.7 Below 4987.5 go for sell
Intraday Resistance of CRUDEOIL are 5062.6/5091.3/5119.7/5138.6/5174.5/5210.6
Intraday Support of CRUDEOIL are 4993.4/4964.7/4925.8/4890.8/4855.9
Intraday Trend- Buy is advised above 5068.6 with a stop at 5002.7 Below 4987.5 go for sell
Intraday Resistance of CRUDEOIL are 5062.6/5091.3/5119.7/5138.6/5174.5/5210.6
Intraday Support of CRUDEOIL are 4993.4/4964.7/4925.8/4890.8/4855.9
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