Crudeoil is in perfect uptrend .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 showing BUY signal For short term The current
position isBUY .Positionally Support for the Crudeoil is
5090-5077-5043-5013-5010-5004-. Immediate resistance for Crudeoil is 5187
Short
term and Intraday Level of CRUDEOIL
Currently Crudeoil is in HOLD LONG position Crudeoil is moving sideways so short term
investor better to buy if close above 5166.0 closing below 4973.0 Sell will
happen. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 5162.7 with a stop at 5090.6 Below 5073.4 go for sell and put stop at 5145.5
Intraday Resistance of CRUDEOIL are 5132.3/5144.1/5201.4/5220.5/5256.7/5293
Intraday Support of CRUDEOIL are 5103.7/5091.9/5058.5/5024.7/5006/4970.7/4935.5
Intraday Trend- Buy is advised only above 5162.7 with a stop at 5090.6 Below 5073.4 go for sell and put stop at 5145.5
Intraday Resistance of CRUDEOIL are 5132.3/5144.1/5201.4/5220.5/5256.7/5293
Intraday Support of CRUDEOIL are 5103.7/5091.9/5058.5/5024.7/5006/4970.7/4935.5
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