Monday, 8 September 2014

CAPITAL STROKE UPDATE 8-September-2014 : MCX CRUDE OIL



CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-5800 R1-5720 S1-5580 S2-5500

Overall trend of the Crudeoil is bearish for medium-long term .Currently Crudeoil is in downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The Crudeoil is now trading in oversold level. The Crudeoil is now trading in oversold level. The oscillator is showing BUY signal For short term Crudeoil is in HOLD LONG position.Positionally Immediate support for Crudeoil is 5593.Resistance for the Crudeoil is 5752-

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