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 .. The oscillator is showing SELL signal
For short term Crudeoil is in SELL position.Positionally Support for the
Crudeoil is 4952-.Resistance for the Crudeoil is 5061-5088-5139-5160-5163-
Short
term and Intraday Level of CRUDEOIL
Currently Crudeoil is in HOLD LONG position Crudeoil has crossed the high but the
trend was not strong and sellers was at high so for short term better buy above
5068.3 with stop at 4986.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 5068.3 with a stop at 4986.4 Below 4965.9 go for sell and put stop at 5047.7
Intraday Resistance of CRUDEOIL are 5027.4/5036/5072/5105.9/5124.8/5160.7/5196.7
Intraday Support of CRUDEOIL are 5006.6/4998/4964.3/4930.8/4912.3/4877.3/4842.5
Intraday Trend- Buy is advised only above 5068.3 with a stop at 4986.4 Below 4965.9 go for sell and put stop at 5047.7
Intraday Resistance of CRUDEOIL are 5027.4/5036/5072/5105.9/5124.8/5160.7/5196.7
Intraday Support of CRUDEOIL are 5006.6/4998/4964.3/4930.8/4912.3/4877.3/4842.5
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