Crudeoil is bearish for medium-long term .Currently Crudeoil is moving
sideways The oscillator is showing BUY signal but has moved past its recent
high and the positive trend is still continuing. The oscillator is showing BUY
signal For short term Crudeoil is in HOLD LONGposition.Positionally
Support for the Crudeoil is 5023-5022-4910-4844-.Resistance for the Crudeoil is
5108-5109-
Short
term and Intraday Level of CRUDEOIL
Currently
Crudeoil is in HOLD LONG position In short term Crudeoil is in strong up
trend so hold with stop at 4942 The Crudeoil is now trading in highly
overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 5124.8 with a stop at 5048.1 Below 5029.4 go for sell with a stop at 5106
Intraday Resistance of CRUDEOIL are 5114.5/5145.7/5173/5209/5245.2
Intraday Support of CRUDEOIL are 5039.5/5008.3/4978.1/4959.5/4924.3/4889.3
Intraday Trend- Buy is advised above 5124.8 with a stop at 5048.1 Below 5029.4 go for sell with a stop at 5106
Intraday Resistance of CRUDEOIL are 5114.5/5145.7/5173/5209/5245.2
Intraday Support of CRUDEOIL are 5039.5/5008.3/4978.1/4959.5/4924.3/4889.3
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