Crudeoil is bearish for medium-long term .Currently Crudeoil is moving sideways The oscillator is showing SELL signal .In last 1 month volatality is very less Buy the Crudeoil above 6118 or buy with strict stop at 5738. The oscillator is showing SELL signal For short term Crudeoil is in SELL position.Positionally Immediate support for Crudeoil is 5738.Resistance for the Crudeoil is 5907-5940-5952-6135-6440-6457-
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 5861.0 The Crudeoil is now trading is approaching oversold level. The oscillator is on BUY Signal and Crudeoil is recovering from oversold level
Intraday Trend- Buy is advised only above 5919.5 with a stop at 5793.1 Below 5758.8 go for sell and put stop at 5885.1
Intraday Resistance of CRUDEOIL are 5907.7 : 5964.7 : 5954.2 : 5970.2
Intraday Support of CRUDEOIL are 5770.3 : 5713.3 : 5724.9 : 5709.2
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