Crudeoil is in perfect uptrend .Currently Crudeoil is in
strong uptrend and the trend is supported with good volume The open interest is
not increasing with trend . In last few days lot of positive accumulation
happened in the Crudeoil Cautious point is buying at higer levels seems
decreasing. The oscillator is showing BUY signal For short term The current position
is BUY .Positionally Support for the Crudeoil is
5155-5112-5099-5098-5055-5024-. Immediate resistance for Crudeoil is 5539
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 5261 The Crudeoil is now trading in highly
overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 5529 with a stop at 5330.4 Below 5271.5 go for sell with a stop at 5469.9
Intraday Resistance of CRUDEOIL are 5457.2/5514.5/5609.5/5557.4/5594.8
Intraday Support of CRUDEOIL are 5342.8/5285.5/5190.5/5263.2/5227
Intraday Trend- Buy is advised above 5529 with a stop at 5330.4 Below 5271.5 go for sell with a stop at 5469.9
Intraday Resistance of CRUDEOIL are 5457.2/5514.5/5609.5/5557.4/5594.8
Intraday Support of CRUDEOIL are 5342.8/5285.5/5190.5/5263.2/5227
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