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
5178-5128-5103-5099-5064-5028-. Immediate resistance for Crudeoil is 5539
Short
term and Intraday Level of CRUDEOIL
Currently Crudeoil is in HOLD LONG position In short term Crudeoil is in strong up
trend so hold with stop at 5270 The Crudeoil is now trading is approaching
overbought level. The oscillator is on SELL signal and Crudeoil is coming down
from overbought level
Intraday Trend- Buy is advised above 5379.9 with a stop at 5232.4 Below 5190.4 go for sell with stop at 5337.8
Intraday Resistance of CRUDEOIL are 5324.9/5364.8/5431.1/5454.7/5491.7
Intraday Support of CRUDEOIL are 5245.1/5205.2/5138.9/5163.3/5127.4
Intraday Trend- Buy is advised above 5379.9 with a stop at 5232.4 Below 5190.4 go for sell with stop at 5337.8
Intraday Resistance of CRUDEOIL are 5324.9/5364.8/5431.1/5454.7/5491.7
Intraday Support of CRUDEOIL are 5245.1/5205.2/5138.9/5163.3/5127.4
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