Crudeoil is in long- term
bull phase .Currently Crudeoil is in strong uptrend but volume is
unsatisfactory The open interest is not increasing with trend . Cautious point
is buying at higer levels seems decreasing. The oscillator is showing SELL
signal For short term Crudeoil is in HOLD LONGposition.Positionally Support for the Crudeoil is
5041-.Resistance for the Crudeoil is 5133-5137-5152-5203-5254-
Short term and Intraday Level of CRUDEOIL
Currently
Crudeoil is in HOLD SHORT position The Crudeoil is in downtrend For short
term buy only if close above 5216.0 The Crudeoil is now trading in highly
oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 5137.9 with a stop at 5056.5 Below 5036.2 go for sell
Intraday Resistance of CRUDEOIL are 5127.7/5161.5/5198.6/5234.7/5270.9
Intraday Support of CRUDEOIL are 5046.3/5012.5/4984.5/4949.3/4914.2
Intraday Trend- Buy is advised above 5137.9 with a stop at 5056.5 Below 5036.2 go for sell
Intraday Resistance of CRUDEOIL are 5127.7/5161.5/5198.6/5234.7/5270.9
Intraday Support of CRUDEOIL are 5046.3/5012.5/4984.5/4949.3/4914.2
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