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 5308-5288-5255-5113-5108-5105-. Immediate
resistance for Crudeoil is 5550
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 5334 The Crudeoil is now trading in highly
overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 5604.9 with a stop at 5460.2 Below 5419.4 go for sell with a stop at 5564
Intraday Resistance of CRUDEOIL are 5593.7 : 5661.5 : 5623.9 : 5639.5
Intraday Support of CRUDEOIL are 5430.3 : 5362.5 : 5401.2 : 5385.9
Intraday Trend- Buy is advised above 5604.9 with a stop at 5460.2 Below 5419.4 go for sell with a stop at 5564
Intraday Resistance of CRUDEOIL are 5593.7 : 5661.5 : 5623.9 : 5639.5
Intraday Support of CRUDEOIL are 5430.3 : 5362.5 : 5401.2 : 5385.9
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