Crudeoil is in long- term bull phase .Currently Crudeoil is in strong
downtrend with good momentum and the trend is supported with good volume The
open interest is not increasing with trend . Noting point is selling at lower
levels seems decreasing. The oscillator is showing SELL signal For short term
Crudeoil is in SELL position.Positionally
Support for the Crudeoil is 5058-.Resistance for the Crudeoil is
5134-5151-5161-5174-5214-
Short
term and Intraday Level of CRUDEOIL
Currently
Crudeoil is in HOLD LONG position The Crudeoil is in downtrend For short
term buy only if close above 5146.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 5143.6 with a stop at 5050.7 Below 5026.6 go for sell
Intraday Resistance of CRUDEOIL are 5133.3/5173.4/5206/5242.1/5278.4
Intraday Support of CRUDEOIL are 5036.7/4996.6/4956.5/4921.4
Intraday Trend- Buy is advised above 5143.6 with a stop at 5050.7 Below 5026.6 go for sell
Intraday Resistance of CRUDEOIL are 5133.3/5173.4/5206/5242.1/5278.4
Intraday Support of CRUDEOIL are 5036.7/4996.6/4956.5/4921.4
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