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 The
current position is BUY .Positionally
Support for the Crudeoil is 5580-5484-5396-5228-5180-5143-. Immediate
resistance for Crudeoil is 5816
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 5653 The Crudeoil is now trading in highly
overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 5857.7 with a stop at 5738.5 Below 5706.6 go for sell with a stop at 5825.6
Intraday Resistance of CRUDEOIL are 5836.4 : 5881.5 : 5896.6 : 5912.6
Intraday Support of CRUDEOIL are 5727.6 : 5682.5 : 5668.5 : 5652.9
Intraday Trend- Buy is advised above 5857.7 with a stop at 5738.5 Below 5706.6 go for sell with a stop at 5825.6
Intraday Resistance of CRUDEOIL are 5836.4 : 5881.5 : 5896.6 : 5912.6
Intraday Support of CRUDEOIL are 5727.6 : 5682.5 : 5668.5 : 5652.9
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