Crudeoil is bearish for medium-long term .Currently
Crudeoil is in strong downtrend and the trend is supported with good volume The
open interest is not increasing with trend . Noting point is selling at lower
levels seems decreasing. The oscillator is showing SELL signal For short term
Crudeoil is in SELL position.Positionally Immediate
support for Crudeoil is 4923.Resistance for the Crudeoil is
4998-5046-5064-5100-5142-5160-
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 5009.0 The oscillator is showing SELL
signal
Intraday Trend- Buy is advised only above 5027.9 with a stop at 4946.7 Below 4926.3 go for sell and put stop at 5007.4
Intraday Resistance of CRUDEOIL are 4996.2/5012.2/5061.6/5080.4/5116.1/5151.9
Intraday Support of CRUDEOIL are 4957.8/4941.8/4887.2/4868.8/4833.9/4799.2
Intraday Trend- Buy is advised only above 5027.9 with a stop at 4946.7 Below 4926.3 go for sell and put stop at 5007.4
Intraday Resistance of CRUDEOIL are 4996.2/5012.2/5061.6/5080.4/5116.1/5151.9
Intraday Support of CRUDEOIL are 4957.8/4941.8/4887.2/4868.8/4833.9/4799.2
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