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 BUY signal For short term Crudeoil
is in HOLD LONG position.Positionally
Support for the Crudeoil is 5228-5207-5124-5090-5087-5063-. Immediate
resistance for Crudeoil is 5393
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 5275 The Crudeoil is now trading in highly
overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 5364.4 with a stop at 5258.1 Below 5229.8 go for sell with stop at 5336
Intraday Resistance of CRUDEOIL are 5347 : 5388.5 : 5416.5 : 5431.8
Intraday Support of CRUDEOIL are 5247 : 5205.5 : 5198 : 5183
Intraday Trend- Buy is advised above 5364.4 with a stop at 5258.1 Below 5229.8 go for sell with stop at 5336
Intraday Resistance of CRUDEOIL are 5347 : 5388.5 : 5416.5 : 5431.8
Intraday Support of CRUDEOIL are 5247 : 5205.5 : 5198 : 5183
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