Crudeoil is
in long- medium- short-medium- short- term bull phase .Currently Crudeoil is in
strong uptrend and the trend is supported with good volume The open interest is
not increasing with trend . Cautious point is buying at higer levels seems
decreasing. The oscillator is on SELL signal and Crudeoil is coming down from
overbought level For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is
5162-5136-4986-4910-4866-.Resistance for the Crudeoil is 5219-
Short term and
Intraday Level of CRUDEOIL
Currently
Crudeoil is in HOLD SHORT position The Crudeoil is in downtrend For short
term buy only if close above 5211.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 5238.8 with a stop at 5156 Below 5135.3 go for sell and put stop at 5218.1
Intraday Resistance of CRUDEOIL are 5190.3/5193/5222.3/5242.6/5277.1/5296.3/5332.7/5369.3
Intraday Support of CRUDEOIL are 5183.7/5181/5153.2/5133.1/5099/5080.2/5044.6/5009.2
Intraday Trend- Buy is advised only above 5238.8 with a stop at 5156 Below 5135.3 go for sell and put stop at 5218.1
Intraday Resistance of CRUDEOIL are 5190.3/5193/5222.3/5242.6/5277.1/5296.3/5332.7/5369.3
Intraday Support of CRUDEOIL are 5183.7/5181/5153.2/5133.1/5099/5080.2/5044.6/5009.2
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