CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6330 R1-6260 S1-6120 S2-6050
The Crudeoil is in long- short- term bull phase .Currently Crudeoil is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Crudeoil if it close above6289 or buy with strict stop at 5944. The oscillator is showing BUY signal For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is 6152-6137-6131-6113-.Resistance for the Crudeoil is 6267-
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