Crudeoil is in long-
short-medium- short- term bull phase .Currently Crudeoil is moving sideways The
oscillator is showing BUY signal .In last 1 month volatality is very less and
fresh Buy can be considered in the Crudeoil if it close above5112 or buy with
strict stop at 4905. The oscillator is showing BUY signal For short term
Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is
5032-4991-4990-4988-.Resistance for the Crudeoil is 5100-5138-
Short term and Intraday Level of CRUDEOIL
Currently Crudeoil is in HOLD LONG position Crudeoil is moving sideways so short term
investor better to buy if close above 5077.0 closing below 4981.0 Sell will
happen. The Crudeoil is now trading is approaching overbought level. The
oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 5090.3 with a stop at 5042.8 Below 5033.8 go for sell and put stop at 5081.2
Intraday Resistance of CRUDEOIL are 5065.3/5068/5094.9/5114.9/5149/5167.9/5203.9/5240.1
Intraday Support of CRUDEOIL are 5058.7/5056/5026.6/5006.7/4973.1/4954.5/4919.4/4884.4
Intraday Trend- Buy is advised only above 5090.3 with a stop at 5042.8 Below 5033.8 go for sell and put stop at 5081.2
Intraday Resistance of CRUDEOIL are 5065.3/5068/5094.9/5114.9/5149/5167.9/5203.9/5240.1
Intraday Support of CRUDEOIL are 5058.7/5056/5026.6/5006.7/4973.1/4954.5/4919.4/4884.4
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