CRUDE OIL TREND FOR TODAY-14-Aug-2013

Crudeoil is in perfect uptrend .Currently Crudeoil is moving sideways The Copper is now trading in overbought level. The oscillator is showing BUY signal but has moved past its recent high with good volume points to a positive break out . The Copper is now trading in overbought level. The oscillator is showing BUY signal For short term Crudeoil is in HOLD SHORT position and closed above 1 week high with volume signals up breakout.Positionally Support for the Crudeoil is 6427-6390-6352-6140-5867-5650-. Immediate resistance for Crudeoil is 6593

Short term and Intraday Level of CRUDEOIL

Crudeoil closed above 1 week high with volume signals up breakoutCurrently Crudeoil is in HOLD LONG position In short term Crudeoil is in strong up trend so hold with stop at 6428 Very Short term investor please cautious on Crudeoil as it is moving with low volatality The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 6617.3 with a stop at 6511.4 Below 6484.9 go for sell with a stop at 6590.7
Intraday Resistance of CRUDEOIL are 6604.1 : 6648.2 : 6673 : 6690
Intraday Support of CRUDEOIL are 6497.9 : 6453.8 : 6430.2 : 6413.5

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