Crudeoil is in long- medium- short-medium- term bull phase .Currently
Crudeoil is showing some down move and trend is strong momentum is also showing
strength and supported with good volume The open interest is not increasing
with trend . Caution note selling at lower levels seems decreasing. The
oscillator is showing SELL signal For short term Crudeoil is in SELL position.Positionally
Support for the Crudeoil is 6209-5874-5641-5485-.Resistance for the Crudeoil is
6333-6337-
Short
term and Intraday Level of CRUDEOIL
Currently
Crudeoil is in HOLD SHORT position
Crudeoil is moving sideways so short term investor better to buy if close above
6398.0 closing below 6174.0 Sell will happen. The Crudeoil is now trading in
highly oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 6318.3 with a stop at 6211.2 Below 6183.9 go for sell and put stop at 6290.9
Intraday Resistance of CRUDEOIL are 6305.7 : 6351 : 6370.2 : 6386.8
Intraday Support of CRUDEOIL are 6196.3 : 6151 : 6133 : 6116.7
Intraday Trend- Buy is advised only above 6318.3 with a stop at 6211.2 Below 6183.9 go for sell and put stop at 6290.9
Intraday Resistance of CRUDEOIL are 6305.7 : 6351 : 6370.2 : 6386.8
Intraday Support of CRUDEOIL are 6196.3 : 6151 : 6133 : 6116.7
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