CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-5760 R1-5700 S1-5570 S2-5500
Trend updated for-Sep/25/2014.CMP-5630medium-long term .Currently Crudeoil is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Crudeoil is in HOLD SHORT position.Positionally Immediate support for Crudeoil is 5504.Resistance for the Crudeoil is 5681-5686-5710-5876-6023-6041-
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