Monday, 29 April 2013

CRUDE OIL TREND FOR TODAY-30-April-2013


Crudeoil is in perfect uptrend .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 LONG position.Positionally Support for the Crudeoil is 5072-5066-5024-5008-4904-4898-. Immediate resistance for Crudeoil is 5155
Short term and Intraday Level of CRUDEOIL
Currently Crudeoil is in BUY position In short term Crudeoil is in strong up trend so hold with stop at 5040 Very Short term investor please cautious on Crudeoil as it is moving with low volatality The Crudeoil is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 5172.2 with a stop at 5094.8 Below 5075.9 go for sell with a stop at 5153.2
Intraday Resistance of CRUDEOIL are 5152.7/5181.3/5228.9/5240.1/5276.4
Intraday Support of CRUDEOIL are 5095.3/5066.7/5019.1/4989.8/4954.6/4919.4

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