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 . Cautious point is buying at higer levels seems decreasing. The
oscillator is showing BUY signal For short term Crudeoil is in HOLD LONG position.Positionally Support for
the Crudeoil is 5987-5964-5956-5915-.Resistance for the Crudeoil is 6108-6130-
Short term and Intraday Level of
CRUDEOIL
Currently
Crudeoil is in HOLD SHORT position The Crudeoil is not giving
any clear signal So buy only if close above6199.0 and sell below 6048.0 The
oscillator is showing SELL signal
Intraday Trend-The Crudeoil closed in a confusion manner So buy for intraday only above 6123.5 with a stop at 6044.8 If opens below 6044.8 or trade below 6026.7 be cautious or go for sell with stop at 6105.3
Intraday Resistance of CRUDEOIL are 6111.2 : 6141.3 : 6192.5 : 6208.9
Intraday Support of CRUDEOIL are 6038.8 : 6008.7 : 5958.6 : 5942.6
Intraday Trend-The Crudeoil closed in a confusion manner So buy for intraday only above 6123.5 with a stop at 6044.8 If opens below 6044.8 or trade below 6026.7 be cautious or go for sell with stop at 6105.3
Intraday Resistance of CRUDEOIL are 6111.2 : 6141.3 : 6192.5 : 6208.9
Intraday Support of CRUDEOIL are 6038.8 : 6008.7 : 5958.6 : 5942.6
To Get Free Tips:
Crudeoil trading range for the day is 6019-6191.
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