Crudeoil is in long- medium- term bull phase .Currently Crudeoil is in
strong downtrend with good momentum and the trend is supported with good volume
The open interest is not increasing with trend .. The oscillator is showing
SELL signal For short term Crudeoil is in SELL position.Positionally
Support for the Crudeoil is 6701-6468-6195-.Resistance for the Crudeoil is
7004-7061-7099-
Short
term and Intraday Level of CRUDEOIL
Currently Crudeoil is in SELL position Crudeoil is moving sideways so short term investor better to
buy only above 6987.0 or hold with stop at 6673.0 The oscillator is showing BUY
signal
Intraday Trend- Buy is advised above 6908 with a stop at 6675 Below 6606.5 go for sell
Intraday Resistance of CRUDEOIL are 6815.7 : 6874.3 : 6971.7 : 6880.9 : 6898.1
Intraday Support of CRUDEOIL are 6698.3 : 6639.7 : 6542.3 : 6634.3 : 6617.3
Intraday Trend- Buy is advised above 6908 with a stop at 6675 Below 6606.5 go for sell
Intraday Resistance of CRUDEOIL are 6815.7 : 6874.3 : 6971.7 : 6880.9 : 6898.1
Intraday Support of CRUDEOIL are 6698.3 : 6639.7 : 6542.3 : 6634.3 : 6617.3
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