CAPITAL STROKE UPDATE 29 -JAN-2015 : MCX CRUDE OIL

Trend updated for-Jan/29/2015.CMP-2772 Overall trend of the Crudeoil is bearish for medium-long term.Currently Crudeoil is showing some down move and trend is strong and supported with good volume The open interest is not increasing with trend . Caution note selling at lower levels seems decreasing. 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 2751.Resistance for the Crudeoil is 2916-2937-3127-3626-4065-4458-


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