Crudeoil is bearish for medium-long term .Currently Crudeoil is in
strong downtrend with good momentum but volume is unsatisfactory 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
Immediate support for Crudeoil is 4921.Resistance for the Crudeoil is
5101-5131-5143-5150-5159-5202-
Short
term and Intraday Level of CRUDEOIL
Currently
Crudeoil is in HOLD
SHORT position
Crudeoil is moving sideways so short term investor better to buy only above
5149.0 or hold with stop at 4941.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 5074 with a stop at 4934.2 Below 4894.3 go for sell
Intraday Resistance of CRUDEOIL are 5024/5063.9/5130.3/5146.1/5182.1
Intraday Support of CRUDEOIL are 4944/4904.1/4837.7/4863.2/4828.4
Intraday Trend- Buy is advised above 5074 with a stop at 4934.2 Below 4894.3 go for sell
Intraday Resistance of CRUDEOIL are 5024/5063.9/5130.3/5146.1/5182.1
Intraday Support of CRUDEOIL are 4944/4904.1/4837.7/4863.2/4828.4
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