Monday, 8 July 2013

CRUDE OIL TREND FOR TODAY-09-July-2013

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 6003-5889-5777-5516-5335-5276-. 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 6199 The Crudeoil is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 6360 with a stop at 6188.9 Below 6140.4 go for sell with stop at 6311.3
Intraday Resistance of CRUDEOIL are 6298.7 : 6347.3 : 6428.1 : 6369.1 : 6385.8
Intraday Support of CRUDEOIL are 6201.3 : 6152.7 : 6071.9 : 6132 : 6115.7

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2 comments :

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  2. SELL NICKEL JULY BELOW 810 TGT 809, 807, 804 STOPLOSS 817.50
    SELL LEAD JULY BELOW 124.50 TGT 124, 123.50, 123 STOPLOSS 126

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