Crudeoil is bearish for medium-long term .Currently Crudeoil is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Crudeoil is inHOLD SHORT position.Positionally Immediate support for Crudeoil is 5744.Resistance for the Crudeoil is 5950-5973-5981-6190-6474-6478-
Short term and Intraday Level of CRUDEOIL
Currently Crudeoil is in HOLD SHORT position Crudeoil is in sideways so for short term better buy above 6063.0 with stop at 5849.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 5976.8 with a stop at 5849.8 Below 5815.5 go for sell
Intraday Resistance of CRUDEOIL are 5932.2 : 5962.2 : 6011.7 : 6027.9
Intraday Support of CRUDEOIL are 5859.8 : 5829.8 : 5781.4 : 5765.6
To Get Free Tips:
#Bullion Tips #Commodity Tips #Mcx Tips
0 comments :
Post a Comment