Tuesday 23 July 2013

CRUDE OIL TREND FOR TODAY-24-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 .. The Crudeoil is now trading in overbought level. The oscillator is showing SELL signal For short term Crudeoil is in HOLD LONGposition.Positionally Support for the Crudeoil is 6318-6305-6115-5778-5560-5432-. Immediate resistance for Crudeoil is 6524
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 6352 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 6452.8 with a stop at 6356.8 Below 6333.3 go for sell and put stop at 6429.3
Intraday Resistance of CRUDEOIL are 6440 : 6479 : 6513.5 : 6530.3
Intraday Support of CRUDEOIL are 6346 : 6307 : 6273.6 : 6257.2

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2 comments :

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  2. Today’s Most Accurate Tip for Commodity
    CRUDEOIL (20 JAN) TREND: CONSOLIDATE
    RES 1: 5750
    RES 2: 5800
    SUPP 1: 5650
    SUPP 2: 5600
    STRATEGY: SELL ON HIGH
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