CRUDE OIL TREND FOR TODAY- 02-Jan-2014

Crudeoil is bearish for medium-long term .Currently Crudeoil is in strong uptrend 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 HOLD LONG position.Positionally Support for the Crudeoil is 6101-6023-5978-.Resistance for the Crudeoil is 6198-6375-

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 6272.0 with stop at 6095.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 6190.3 with a stop at 6101.3 Below 6079.9 go for sell and put stop at 6168.8
Intraday Resistance of CRUDEOIL are 6160.7 : 6182.1 : 6236.6 : 6253.1 : 6269.5
Intraday Support of CRUDEOIL are 6109.3 : 6087.9 : 6034.3 : 6018.1 : 6001.9

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