Crudeoil is bearish for medium-long term .Currently Crudeoil is moving
sideways The oscillator is showing BUY signal .In last 1 month volatality is
very less and fresh Buy can be considered in the Crudeoil if it close above5170
or buy with strict stop at 4645. The oscillator is showing BUY signal For short
term Crudeoil is in HOLD LONG position.Positionally
Support for the Crudeoil is 5022-5016-4905-4865-.Resistance for the Crudeoil is
5107-5111-
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 5012 The Crudeoil is now trading in highly
overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 5118.7 with a stop at 5042.1 Below 5023.4 go for sell with stop at 5099.9
Intraday Resistance of CRUDEOIL are 5080.3/5088/5125.6/5159.7/5178.7/5214.8/5250.9
Intraday Support of CRUDEOIL are 5061.7/5054/5017.4/4983.7/4965.1/4929.9/4894.9
Intraday Trend- Buy is advised above 5118.7 with a stop at 5042.1 Below 5023.4 go for sell with stop at 5099.9
Intraday Resistance of CRUDEOIL are 5080.3/5088/5125.6/5159.7/5178.7/5214.8/5250.9
Intraday Support of CRUDEOIL are 5061.7/5054/5017.4/4983.7/4965.1/4929.9/4894.9
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