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 Crudeoil is in HOLD LONG position.Positionally
Support for the Crudeoil is 5279-5274-5242-5105-5102-. Immediate resistance for
Crudeoil is 5454
Short
term and Intraday Level of CRUDEOIL
Currently
Crudeoil is in HOLD LONG position Crudeoil has crossed the high but the
trend was not strong and sellers was at high so for short term better buy above
5465.8 with stop at 5190.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 5465.8 with a stop at 5367.8 Below 5342.4 go for sell and put stop at 5440.3
Intraday Resistance of CRUDEOIL are 5454.9 : 5497.1 : 5514.8 : 5530.3
Intraday Support of CRUDEOIL are 5353.1 : 5310.9 : 5294.3 : 5279.2
Intraday Trend- Buy is advised only above 5465.8 with a stop at 5367.8 Below 5342.4 go for sell and put stop at 5440.3
Intraday Resistance of CRUDEOIL are 5454.9 : 5497.1 : 5514.8 : 5530.3
Intraday Support of CRUDEOIL are 5353.1 : 5310.9 : 5294.3 : 5279.2
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