Crudeoil is bearish for medium-long term .Currently Crudeoil is moving sideways The oscillator is showing BUY signal and has moved down its previous low. The oscillator is showing BUY signal For short term Crudeoil is in HOLD SHORT position.Positionally Immediate support for Crudeoil is 5744.Resistance for the Crudeoil is 5963-5965-6032-6296-6497-6533-
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 5935.0 The Crudeoil is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 5859.1 with a stop at 5724.3 Below 5687.2 go for sell
Intraday Resistance of CRUDEOIL are 5841.9 : 5899.1 : 5887.5 : 5903.5
Intraday Support of CRUDEOIL are 5704.1 : 5646.9 : 5659.6 : 5644
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