Crudeoil is
bearish for medium-long term .Currently Crudeoil is showing some up move after
small correction and trend is strong but volume is unsatisfactory The open
interest is not increasing with trend . Caution note buying at higer levels
seems decreasing. The oscillator is showing BUY signal For short term Crudeoil
is in HOLD LONG position and closed above 1 week
high with volume signals up breakout.Positionally Support for the Crudeoil is
5965-5937-5933-5806-5803-.Resistance for the Crudeoil is 6173-
Short term and Intraday Level of
CRUDEOIL
Crudeoil
closed above 1 week high with volume signals up breakoutCurrently Crudeoil is
in HOLD LONG position In short term Crudeoil is
in strong up trend so hold with stop at 5908 The Crudeoil is now trading is
approaching oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 6171.1 with a stop at 6060 Below 6031.2 go for sell with a stop at 6142.1
Intraday Resistance of CRUDEOIL are 6158.7 : 6206.7 : 6218.7 : 6235.1
Intraday Support of CRUDEOIL are 6043.3 : 5995.3 : 5984.4 : 5968.3
Intraday Trend- Buy is advised above 6171.1 with a stop at 6060 Below 6031.2 go for sell with a stop at 6142.1
Intraday Resistance of CRUDEOIL are 6158.7 : 6206.7 : 6218.7 : 6235.1
Intraday Support of CRUDEOIL are 6043.3 : 5995.3 : 5984.4 : 5968.3
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