Monday 8 April 2013

CRUDE OIL TREND FOR TODAY-09-April-2013



Crudeoil is in long- term bull phase .Currently Crudeoil is moving sideways The oscillator is showing SELL signal .In last 1 month volatality is very less Buy the Crudeoil above 5539 or buy with strict stop at 5016. The oscillator is showing SELL signal For short term Crudeoil is in HOLD SHORTposition.Positionally Support for the Crudeoil is 5046-.Resistance for the Crudeoil is 5136-5145-5152-5207-5235-

Short term and Intraday Level of CRUDEOIL

Currently Crudeoil is in SELL position Crudeoil is in down trend so buy above 5150.0 The sell will again come if below 5056.0 The Crudeoil is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 5139.2 with a stop at 5069.4 Below 5052.9 go for sell
Intraday Resistance of CRUDEOIL are 5129/5156.4/5183.9/5203/5239.1/5275.3
Intraday Support of CRUDEOIL are 5063/5035.6/5007.5/4988.8/4953.6/4918.4

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