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
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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