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 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 7042-6812-6567-6281-6019-.Resistance for the
Crudeoil is 7246-
Short
term and Intraday Level of CRUDEOIL
Currently
Crudeoil is in HOLD LONG position
Crudeoil is in sideways but the trend looks weak so better buy above 7519.0 or
hold with stop at 7015.0 Yesterday the selling was with volume so risk takers
can go for shorting at current rate with stop at 7519.0 The oscillator is
showing BUY signal
Intraday Trend- Sell if open below 7002.5 with stop loss at 7251.9 or sell below 6892.3Buy is not advised till it cross 7362.6
Intraday Resistance of CRUDEOIL are 7233.4 : 7339.7 : 7516.3 : 7254.2 : 7271.9
Intraday Support of CRUDEOIL are 7020.6 : 6914.3 : 6737.7 : 7000.9 : 6983.5
Intraday Trend- Sell if open below 7002.5 with stop loss at 7251.9 or sell below 6892.3Buy is not advised till it cross 7362.6
Intraday Resistance of CRUDEOIL are 7233.4 : 7339.7 : 7516.3 : 7254.2 : 7271.9
Intraday Support of CRUDEOIL are 7020.6 : 6914.3 : 6737.7 : 7000.9 : 6983.5
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