Crudeoil is in long- medium- short-medium- short- term bull phase
.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 5565-5439-5282-5204-5157-.Resistance for the
Crudeoil is 5668-
Short
term and Intraday Level of CRUDEOIL
Currently Crudeoil is in HOLD LONG position
Crudeoil is moving sideways so short term investor better to buy only above
5854.0 or hold with stop at 5587.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 5698.5 with a stop at 5564.8 Below 5527.8 go for sell
Intraday Resistance of CRUDEOIL are 5625.6 : 5636 : 5688.2 : 5710.2 : 5725.9 : 5741.7
Intraday Support of CRUDEOIL are 5600.4 : 5590 : 5538.3 : 5516.7 : 5501.2 : 5485.8
Intraday Trend- Buy is advised above 5698.5 with a stop at 5564.8 Below 5527.8 go for sell
Intraday Resistance of CRUDEOIL are 5625.6 : 5636 : 5688.2 : 5710.2 : 5725.9 : 5741.7
Intraday Support of CRUDEOIL are 5600.4 : 5590 : 5538.3 : 5516.7 : 5501.2 : 5485.8
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