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
5200-5146-5106-5101-5075-5033-. Immediate resistance for Crudeoil is 5539
Short
term and Intraday Level of CRUDEOIL
Currently Crudeoil is in HOLD LONG position Crudeoil is in profit booking mode so
hold with stop at 5267 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 5352.3 with a stop at 5274.6 Below 5255.9 go for sell and put stop at 5333.4
Intraday Resistance of CRUDEOIL are 5341.6/5372.8/5432.4/5469.3
Intraday Support of CRUDEOIL are 5266.4/5235.2/5196.5/5177.5/5141.6/5105.8
Intraday Trend- Buy is advised only above 5352.3 with a stop at 5274.6 Below 5255.9 go for sell and put stop at 5333.4
Intraday Resistance of CRUDEOIL are 5341.6/5372.8/5432.4/5469.3
Intraday Support of CRUDEOIL are 5266.4/5235.2/5196.5/5177.5/5141.6/5105.8
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