CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-4900 R1-4820 S1-4700 S2-4650
CMP-4756 Overall trend of the Crudeoil is bearish for medium-long term .Currently Crudeoil is moving sideways The Crudeoil is now trading in highly oversold level. The Crudeoil is now trading in highly oversold level. The oscillator is showing BUY signal .In last 1 month volatality is very less Buy the Crudeoil above 5115 or buy with strict stop at 4672. The Crudeoil is now trading in highly oversold level. The Crudeoil is now trading in highly oversold level. The oscillator is showing BUY signal For short term Crudeoil is in HOLD SHORT position.Positionally Immediate support for Crudeoil is 4672.Resistance for the Crudeoil is 4864-4920-5022-5354-5539-5719-
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