Crudeoil is in long- medium- short-medium- term bull phase .Currently
Crudeoil is in strong downtrend with good momentum and the trend is supported
with good volume The open interest is not increasing with trend . Noting point
is selling at lower levels seems decreasing. The oscillator is showing SELL
signal For short term Crudeoil is in SELL position.Positionally
Support for the Crudeoil is 6230-5893-5657-5495-.Resistance for the Crudeoil is
6333-6336-
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 6200 The
oscillator is showing BUY signal
Intraday Trend- Buy is advised above 6360.6 with a stop at 6241 Below 6209.6 go for sell with a stop at 6329.1
Intraday Resistance of CRUDEOIL are 6347.9 : 6400.1 : 6404.5 : 6421.1
Intraday Support of CRUDEOIL are 6222.1 : 6169.9 : 6166.6 : 6150.3
Intraday Trend- Buy is advised above 6360.6 with a stop at 6241 Below 6209.6 go for sell with a stop at 6329.1
Intraday Resistance of CRUDEOIL are 6347.9 : 6400.1 : 6404.5 : 6421.1
Intraday Support of CRUDEOIL are 6222.1 : 6169.9 : 6166.6 : 6150.3
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