Sunday, 26 May 2013

CRUDE OIL TREND FOR TODAY-27-May-2013

23:02   , , , ,   7 comments

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 5232-5217-5151-5093-5092-5065-. Immediate resistance for Crudeoil is 5393
Short term and Intraday Level of CRUDEOIL
Currently Crudeoil is in HOLD SHORT position Crudeoil is in sideways so for short term better buy above 5372.0 with stop at 5167.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 5347.2 with a stop at 5223.3 Below 5189.1 go for sell and put stop at 5312.9
Intraday Resistance of CRUDEOIL are 5306.7 : 5338.9 : 5377.4 : 5392.7
Intraday Support of CRUDEOIL are 5229.3 : 5197.1 : 5159.7 : 5144.8

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