CRUDE OIL TREND FOR TODAY-19-Sep-2013

Crudeoil is in long- medium- 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 6713-6493-6224-.Resistance for the Crudeoil is 6912-7031-7058-

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 6836.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 6977.1 with a stop at 6739.4 Below 6669.5 go for sell and put stop at 6906.9
Intraday Resistance of CRUDEOIL are 6893.1 : 6963.1 : 7079.4 : 6947.5 : 6964.8
Intraday Support of CRUDEOIL are 6752.9 : 6682.9 : 6566.6 : 6699.7 : 6682.6

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