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 The
current position is BUY .Positionally
Support for the Crudeoil is 6098-5980-5837-5560-5366-5303-. Immediate
resistance for Crudeoil is 6466
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 if close above 6440.0 closing below 6076.0 Sell will
happen. The Crudeoil is now trading is approaching overbought level. The
oscillator is on SELL signal and Crudeoil is coming down from overbought level
Intraday Trend- Buy is advised only above 6515.4 with a stop at 6322.6 Below 6267.1 go for sell and put stop at 6459.6
Intraday Resistance of CRUDEOIL are 6446.4 : 6501.8 : 6593.7 : 6511.5 : 6528.3
Intraday Support of CRUDEOIL are 6335.6 : 6280.2 : 6188.3 : 6271.6 : 6255.2
Intraday Trend- Buy is advised only above 6515.4 with a stop at 6322.6 Below 6267.1 go for sell and put stop at 6459.6
Intraday Resistance of CRUDEOIL are 6446.4 : 6501.8 : 6593.7 : 6511.5 : 6528.3
Intraday Support of CRUDEOIL are 6335.6 : 6280.2 : 6188.3 : 6271.6 : 6255.2
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