Monday, 25 March 2013

CRUDE OIL TREND FOR TODAY-26-March-2013


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 . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position isBUY .Positionally Support for the Crudeoil is 5089-5080-5056-5028-5014-5008-. Immediate resistance for Crudeoil is 5219

Short term and Intraday Level of CRUDEOIL

Currently Crudeoil is in HOLD LONG position Crudeoil has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 5202.1 with stop at 5036.0 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 5202.1 with a stop at 5129.4 Below 5112.1 go for sell and put stop at 5184.7
Intraday Resistance of CRUDEOIL are 5202.7/5240.7/5301.3/5337.8
Intraday Support of CRUDEOIL are 5111.3/5073.3/5014/4978.7
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1 comments :

  1. Thanks for the FANTASTIC post! This information is really good and thanks a ton for sharing it :-) I m looking forward desperately for the next post of yours.. Forex tips

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