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 SELL signal For short term The
current position is BUY .Positionally
Support for the Crudeoil is 6243-6099-5930-5625-5416-5342-. Immediate
resistance for Crudeoil is 6466
Short
term and Intraday Level of CRUDEOIL
Currently
Crudeoil is in HOLD LONG position
Crudeoil is in profit booking mode so hold with stop at 6291 The oscillator is
showing BUY signal
Intraday Trend- Buy is advised only above 6392.2 with a stop at 6333.1 Below 6321.9 go for sell and put stop at 6381
Intraday Resistance of CRUDEOIL are 6373.4 : 6387 : 6437 : 6460.4 : 6477.2 : 6493.9
Intraday Support of CRUDEOIL are 6340.6 : 6327 : 6277.5 : 6254.4 : 6238 : 6221.5
Intraday Trend- Buy is advised only above 6392.2 with a stop at 6333.1 Below 6321.9 go for sell and put stop at 6381
Intraday Resistance of CRUDEOIL are 6373.4 : 6387 : 6437 : 6460.4 : 6477.2 : 6493.9
Intraday Support of CRUDEOIL are 6340.6 : 6327 : 6277.5 : 6254.4 : 6238 : 6221.5
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