Sunday, 17 March 2013

CRUDE OIL TREND FOR TODAY-18-March-2013


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

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