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
Crudeoil is now trading in overbought level. The Crudeoil is now trading in
overbought level. The oscillator is showing SELL signal For short term Crudeoil
is in HOLD LONG position.Positionally
Support for the Crudeoil is 5183-5128-5083-5067-5058-5037-. Immediate
resistance for Crudeoil is 5306
Short
term and Intraday Level of CRUDEOIL
Currently
Crudeoil is in HOLD
SHORT position
The Crudeoil is in downtrend For short term buy only if close above 5212.0 The
oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 5277.4 with a stop at 5169.7 Below 5140.9 go for sell and put stop at 5248.4
Intraday Resistance of CRUDEOIL are 5266.8 : 5314.8 : 5291.6 : 5306.7
Intraday Support of CRUDEOIL are 5151.2 : 5103.2 : 5075.6 : 5060.8
Intraday Trend- Buy is advised only above 5277.4 with a stop at 5169.7 Below 5140.9 go for sell and put stop at 5248.4
Intraday Resistance of CRUDEOIL are 5266.8 : 5314.8 : 5291.6 : 5306.7
Intraday Support of CRUDEOIL are 5151.2 : 5103.2 : 5075.6 : 5060.8
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