Tuesday, 18 February 2014

CRUDE OIL TREND FOR TODAY- 19-Feb-2014

Crudeoil is in perfect uptrend .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 Crudeoil is now trading in overbought level. The Crudeoil is now trading in overbought level. The oscillator is showing SELL signal For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is 6178-6151-6063-6024-6021-5984-. Immediate resistance for Crudeoil is 6363
Short term and Intraday Level of CRUDEOIL
Currently Crudeoil is in HOLD LONG position Crudeoil is in sideways and sellers was at high so for short term better buy above 6403.8 or hold with stop at 6156.0 The next resistance will be at 6338.0 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 6403.8 with a stop at 6288.4 Below 6258.5 go for sell and put stop at 6373.7
Intraday Resistance of CRUDEOIL are 6391 : 6440.8 : 6450.9 : 6467.6
Intraday Support of CRUDEOIL are 6271 : 6221.2 : 6212.2 : 6195.8
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1 comments :

  1. You have great leads on Crude oil. Blogs related to commodity tips and stock market provided by you is so important and interestingly created.
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