Crudeoil is in long- term bull phase .Currently Crudeoil
is in strong downtrend and the trend is supported with good volume The open
interest is not increasing with trend . In last few days volume based selling
happened in the Crudeoil. The oscillator is showing SELL signal For short term
Crudeoil is inSELL position.Positionally
Support for the Crudeoil is 4948-.Resistance for the Crudeoil is
5059-5105-5155-5163-5167-
Short
term and Intraday Level of CRUDEOIL
Currently Crudeoil is in HOLD SHORT position Crudeoil is in down trend so buy above
5066.0 The sell will again come if below 4986.0 The Crudeoil is now trading is
approaching oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 5063.9 with a stop at 4978.1 Below 4956.2 go for sell
Intraday Resistance of CRUDEOIL are 5051.1/5085.2/5113.7/5132.6/5168.5/5204.5
Intraday Support of CRUDEOIL are 4968.9/4934.8/4884.9/4850
Intraday Trend- Buy is advised above 5063.9 with a stop at 4978.1 Below 4956.2 go for sell
Intraday Resistance of CRUDEOIL are 5051.1/5085.2/5113.7/5132.6/5168.5/5204.5
Intraday Support of CRUDEOIL are 4968.9/4934.8/4884.9/4850
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