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 6209-6169-6087-6029-6025-5992-. Immediate resistance for
Crudeoil is 6453
Short term and Intraday Level of
CRUDEOIL
Currently
Crudeoil is in HOLD LONG position
Crudeoil has crossed the high but the trend was not strong and sellers was at
high so for short term better buy above 6472 with stop at 6156.0 The oscillator
is showing BUY signal
Intraday Trend- Buy is advised only above 6472 with a stop at 6366.7 Below 6340.2 go for sell and put stop at 6445.4
Intraday Resistance of CRUDEOIL are 6440.7 : 6469.4 : 6526.6 : 6543.4
Intraday Support of CRUDEOIL are 6371.3 : 6342.6 : 6286.5 : 6270
Intraday Trend- Buy is advised only above 6472 with a stop at 6366.7 Below 6340.2 go for sell and put stop at 6445.4
Intraday Resistance of CRUDEOIL are 6440.7 : 6469.4 : 6526.6 : 6543.4
Intraday Support of CRUDEOIL are 6371.3 : 6342.6 : 6286.5 : 6270
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