Crudeoil is in long- term bull phase .Currently Crudeoil is in strong
downtrend 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 6480-6209-.Resistance for the Crudeoil is
6759-6948-7053-7059-
Short
term and Intraday Level of CRUDEOIL
Currently Crudeoil is in SELL position Crudeoil has formed a new 5 day low yesterday but failed to
keep the trend so if selling has to considered better below6558.9 Buy if above
6987.0 The Crudeoil is now trading is approaching oversold level. The
oscillator is showing BUY signal
Intraday Trend- Buy is advised above 6723.4 with a stop at 6593.3 Below 6558.9 go for sell
Intraday Resistance of CRUDEOIL are 6705 : 6758.2 : 6763.8 : 6780.9
Intraday Support of CRUDEOIL are 6577 : 6523.8 : 6519.3 : 6502.5
Intraday Trend- Buy is advised above 6723.4 with a stop at 6593.3 Below 6558.9 go for sell
Intraday Resistance of CRUDEOIL are 6705 : 6758.2 : 6763.8 : 6780.9
Intraday Support of CRUDEOIL are 6577 : 6523.8 : 6519.3 : 6502.5
To Get Free Tips:
Today’s trends for commodity
ReplyDeleteCRUDEOIL (20 JAN) TREND: CONSOLIDATE
RES 1: 6200
RES 2: 6250
SUPP 1: 6120
SUPP 2: 6060
STRATEGY: SELL ON HIGH
nifty option trading tips