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 5077-5056-5040-5030-4977-. Immediate resistance for
Crudeoil is 5243
Short
term and Intraday Level of CRUDEOIL
Currently
Crudeoil is in HOLD LONG position Crudeoil is in profit booking mode so hold
with stop at 5146 The Crudeoil is now trading in highly overbought level. The
oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 5297.8 with a stop at 5158 Below 5118.5 go for sell and put stop at 5258.1
Intraday Resistance of CRUDEOIL are 5243.9 : 5273.7 : 5303 : 5318.2
Intraday Support of CRUDEOIL are 5172.1 : 5142.3 : 5101.7 : 5086.8 : 5072
Intraday Trend- Buy is advised only above 5297.8 with a stop at 5158 Below 5118.5 go for sell and put stop at 5258.1
Intraday Resistance of CRUDEOIL are 5243.9 : 5273.7 : 5303 : 5318.2
Intraday Support of CRUDEOIL are 5172.1 : 5142.3 : 5101.7 : 5086.8 : 5072
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