Crudeoil is in perfect uptrend .Currently Crudeoil is in strong uptrend
and the trend is supported with good volume The open interest is not increasing
with trend . Cautious point is buying at higer levels seems decreasing. The
Crudeoil is now trading in overbought level. The Crudeoil is now trading in
overbought level. The oscillator is showing BUY signal For short term Crudeoil
is in HOLD LONG position.Positionally
Support for the Crudeoil is 5099-5079-5058-5049-4982-. Immediate resistance for
Crudeoil is 5269
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 only above 5248.0 with stop at 5136.0 The Crudeoil is
now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 5246.2 with a stop at 5158.3 Below 5136 go for sell
Intraday Resistance of CRUDEOIL are 5252.9 : 5304.2 : 5300.3 : 5315.5
Intraday Support of CRUDEOIL are 5129.1 : 5077.8 : 5084.1 : 5069.3
Intraday Trend- Buy is advised above 5246.2 with a stop at 5158.3 Below 5136 go for sell
Intraday Resistance of CRUDEOIL are 5252.9 : 5304.2 : 5300.3 : 5315.5
Intraday Support of CRUDEOIL are 5129.1 : 5077.8 : 5084.1 : 5069.3
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