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 . In last few days volume based selling happened in the
Crudeoil. The Crudeoil is now trading in oversold level. The Crudeoil is now
trading in oversold level. The oscillator is showing SELL signal For short term
Crudeoil is in SELL position.Positionally
Immediate support for Crudeoil is 4645.Resistance for the Crudeoil is
4937-5003-5080-5099-5106-5123-
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 4792.0 The
Crudeoil is now trading in highly oversold level. The oscillator is showing BUY
signal
Intraday Trend- Buy is advised above 4820.7 with a stop at 4743 Below 4723.5 go for sell
Intraday Resistance of CRUDEOIL are 4799.4/4822.1/4865.2/4883.6/4918.6/4953.7
Intraday Support of CRUDEOIL are 4744.6/4721.9/4694.3/4676.2/4642.1/4608.1
Intraday Trend- Buy is advised above 4820.7 with a stop at 4743 Below 4723.5 go for sell
Intraday Resistance of CRUDEOIL are 4799.4/4822.1/4865.2/4883.6/4918.6/4953.7
Intraday Support of CRUDEOIL are 4744.6/4721.9/4694.3/4676.2/4642.1/4608.1
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