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 5958-5859-5747-5495-5320-5263-. Immediate
resistance for Crudeoil is 6466
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 6149 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 6459.9 with a stop at 6315.8 Below 6276.4 go for sell with a stop at 6420.3
Intraday Resistance of CRUDEOIL are 6439.7 : 6499.2 : 6488.3 : 6505
Intraday Support of CRUDEOIL are 6296.3 : 6236.8 : 6248.9 : 6232.4
Intraday Trend- Buy is advised above 6459.9 with a stop at 6315.8 Below 6276.4 go for sell with a stop at 6420.3
Intraday Resistance of CRUDEOIL are 6439.7 : 6499.2 : 6488.3 : 6505
Intraday Support of CRUDEOIL are 6296.3 : 6236.8 : 6248.9 : 6232.4
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