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 Crudeoil is now trading in oversold level. The
Crudeoil is now trading in oversold level. The oscillator is showing SELL
signal For short term Crudeoil is in SELL position.Positionally
Support for the Crudeoil is 6263-.Resistance for the Crudeoil is
6584-6782-6785-6895-7036-
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 below6445.2 Buy if above
6874.0 The Crudeoil is now trading is approaching oversold level. The
oscillator is showing SELL signal
Intraday Trend- Buy is advised above 6625.1 with a stop at 6483.6 Below 6445.2 go for sell
Intraday Resistance of CRUDEOIL are 6611.9 : 6675.7 : 6656.8 : 6673.8
Intraday Support of CRUDEOIL are 6458.1 : 6394.3 : 6414.3 : 6397.7
Intraday Trend- Buy is advised above 6625.1 with a stop at 6483.6 Below 6445.2 go for sell
Intraday Resistance of CRUDEOIL are 6611.9 : 6675.7 : 6656.8 : 6673.8
Intraday Support of CRUDEOIL are 6458.1 : 6394.3 : 6414.3 : 6397.7
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