Crudeoil is in long- short- term bull phase .Currently
Crudeoil is in strong downtrend but volume is unsatisfactory The open interest
is not increasing with trend . Noting point is selling at lower levels seems
decreasing. The Crudeoil is now trading in oversold level. The Crudeoil is now
trading in oversold level. The oscillator is showing BUY signal For short term
Crudeoil is in HOLD SHORT position and closed above 1 week high with volume
signals up breakout.Positionally Support for the Crudeoil is 4986-4977-4966-.Resistance
for the Crudeoil is 5081-5104-5143-
Short
term and Intraday Level of CRUDEOIL
Crudeoil closed above 1 week
high with volume signals up breakoutCurrently Crudeoil is in HOLD LONG position In short term Crudeoil is in strong up
trend so hold with stop at 4971 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 5081.2 with a stop at 5008.4 Below 4990.9 go for sell with a stop at 5063.7
Intraday Resistance of CRUDEOIL are 5079.6/5115.9/5168.5/5204.5
Intraday Support of CRUDEOIL are 4992.4/4956.1/4919.9/4884.9/4850
Intraday Trend- Buy is advised above 5081.2 with a stop at 5008.4 Below 4990.9 go for sell with a stop at 5063.7
Intraday Resistance of CRUDEOIL are 5079.6/5115.9/5168.5/5204.5
Intraday Support of CRUDEOIL are 4992.4/4956.1/4919.9/4884.9/4850
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