CRUDE OIL:- CONSOLIDATE STRATEGY BUY ON DIPS R2-6300 R1-6220 S1-6100 S2-6040Overall trend of the Crudeoil is bearish for medium-long term .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 6127-6111-.Resistance for the Crudeoil is 6184-6204-6226-6257-
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