CRUDE OIL TREND FOR TODAY-08-Aug-2013

Crudeoil is in long- medium- short-medium- short- 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 showing BUY signal For short term Crudeoil is in HOLD LONGposition.Positionally Support for the Crudeoil is 6351-6332-6055-5788-5584-.Resistance for the Crudeoil is 6442-

Short term and Intraday Level of CRUDEOIL

Currently Crudeoil is in HOLD SHORT position The Crudeoil is in downtrend For short term buy only if close above 6556.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 6470.1 with a stop at 6372.1 Below 6348.1 go for sell
Intraday Resistance of CRUDEOIL are 6457.2 : 6497.2 : 6529.6 : 6546.5
Intraday Support of CRUDEOIL are 6360.8 : 6320.8 : 6289.5 : 6273

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