Wednesday 10 April 2013

CRUDE OIL TREND FOR TODAY-11-April-2013


Crudeoil is in long- medium- short-medium- term bull phase .Currently Crudeoil is moving sideways The oscillator is showing SELL signal .In last 1 month volatality is very less Buy the Crudeoil above 5539 or buy with strict stop at 5036. The oscillator is showing SELL signal For short term Crudeoil is in SELL position.Positionally Support for the Crudeoil is 5116-5110-5096-5054-.Resistance for the Crudeoil is 5206-5216-

Short term and Intraday Level of CRUDEOIL

Currently Crudeoil is in HOLD LONG position Crudeoil is moving sideways so short term investor better to buy if close above 5194.0 closing below 5056.0 Sell will happen. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 5175.7 with a stop at 5117.1 Below 5104.4 go for sell and put stop at 5163
Intraday Resistance of CRUDEOIL are 5165.3/5186.4/5218.2/5237.3/5273.6/5309.9
Intraday Support of CRUDEOIL are 5114.7/5093.6/5041.2/5022.5/4987.1/4951.8
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