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 5076-5064-5055-5036-5001-4972-. Immediate
resistance for Crudeoil is 5243
Short
term and Intraday Level of CRUDEOIL
Currently
Crudeoil is in HOLD LONG position In short term Crudeoil is in strong up
trend so hold with stop at 5139 The Crudeoil is now trading in highly
overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 5257.1 with a stop at 5118.4 Below 5079.2 go for sell with stop at 5217.7
Intraday Resistance of CRUDEOIL are 5204.2 : 5234.3 : 5281.1 : 5296.2
Intraday Support of CRUDEOIL are 5131.8 : 5101.7 : 5065.3 : 5050.6
Intraday Trend- Buy is advised above 5257.1 with a stop at 5118.4 Below 5079.2 go for sell with stop at 5217.7
Intraday Resistance of CRUDEOIL are 5204.2 : 5234.3 : 5281.1 : 5296.2
Intraday Support of CRUDEOIL are 5131.8 : 5101.7 : 5065.3 : 5050.6
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