Crudeoil is in long- medium- short-medium- term bull phase .Currently
Crudeoil is in strong uptrend and the trend is supported with good volume The
open interest is not increasing with trend .. The oscillator is on SELL signal
and Crudeoil is coming down from overbought level For short term Crudeoil is in HOLD LONG position.Positionally
Support for the Crudeoil is 6138-5799-5579-5444-.Resistance for the Crudeoil is
6353-6367-
Short
term and Intraday Level of CRUDEOIL
Currently
Crudeoil is in HOLD SHORT position
Crudeoil has formed a new 5 day low yesterday but failed to keep the trend so
if selling has to considered better below6167.9 Buy if above 6498.0 The
oscillator is showing SELL signal
Intraday Trend- Buy is advised above 6366.4 with a stop at 6211.2 Below 6167.9 go for sell
Intraday Resistance of CRUDEOIL are 6353.7 : 6425.7 : 6386.3 : 6402.9
Intraday Support of CRUDEOIL are 6180.3 : 6108.3 : 6148.8 : 6132.5
Intraday Trend- Buy is advised above 6366.4 with a stop at 6211.2 Below 6167.9 go for sell
Intraday Resistance of CRUDEOIL are 6353.7 : 6425.7 : 6386.3 : 6402.9
Intraday Support of CRUDEOIL are 6180.3 : 6108.3 : 6148.8 : 6132.5
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