Crudeoil is bearish for medium-long term .Currently Crudeoil is in
strong downtrend but volume is unsatisfactory The open interest is not
increasing with trend .. The oscillator is showing SELL signal For short term
Crudeoil is in SELL position.Positionally
Immediate support for Crudeoil is 4728.Resistance for the Crudeoil is
5045-5106-5109-5122-5138-
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 4917.0 The
Crudeoil is now trading in highly oversold level. The oscillator is showing
SELL signal
Intraday Trend- Buy is advised above 4880.6 with a stop at 4746 Below 4707.7 go for sell
Intraday Resistance of CRUDEOIL are 4829.3/4858.6/4888.3/4923.3/4958.5
Intraday Support of CRUDEOIL are 4758.7/4729.4/4698.9/4680.8/4646.7/4612.6
Intraday Trend- Buy is advised above 4880.6 with a stop at 4746 Below 4707.7 go for sell
Intraday Resistance of CRUDEOIL are 4829.3/4858.6/4888.3/4923.3/4958.5
Intraday Support of CRUDEOIL are 4758.7/4729.4/4698.9/4680.8/4646.7/4612.6
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