Crudeoil is in long- medium- short-medium- short- term bull phase
.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 5117-5082-5062-5060-5008-.Resistance for the
Crudeoil is 5218-
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 5285.0 with stop at 5136.0 The oscillator is
showing SELL signal
Intraday Trend- Buy is advised above 5234.4 with a stop at 5162.7 Below 5145.7 go for sell
Intraday Resistance of CRUDEOIL are 5219 : 5243.2 : 5291.2 : 5306.4 : 5321.5
Intraday Support of CRUDEOIL are 5161 : 5136.8 : 5090.1 : 5075.3
Intraday Trend- Buy is advised above 5234.4 with a stop at 5162.7 Below 5145.7 go for sell
Intraday Resistance of CRUDEOIL are 5219 : 5243.2 : 5291.2 : 5306.4 : 5321.5
Intraday Support of CRUDEOIL are 5161 : 5136.8 : 5090.1 : 5075.3
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