Crudeoil is bearish for medium-long term .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 Crudeoil is in HOLD LONG position.Positionally
Immediate support for Crudeoil is 4822.Resistance for the Crudeoil is
4932-4983-5016-5060-5098-5111-
Short
term and Intraday Level of CRUDEOIL
Currently
Crudeoil is in HOLD
SHORT position
Crudeoil is moving sideways so short term investor better to buy only above
5134.0 or hold with stop at 4841.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 4977.1 with a stop at 4814.8 Below 4767.3 go for sell
Intraday Resistance of CRUDEOIL are 4917.4/4962.7/5038.1/5047.4/5083
Intraday Support of CRUDEOIL are 4826.6/4781.3/4705.9/4767.2/4732.8
Intraday Trend- Buy is advised above 4977.1 with a stop at 4814.8 Below 4767.3 go for sell
Intraday Resistance of CRUDEOIL are 4917.4/4962.7/5038.1/5047.4/5083
Intraday Support of CRUDEOIL are 4826.6/4781.3/4705.9/4767.2/4732.8
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