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 5654-5607-5476-5314-5220-5167-. Immediate
resistance for Crudeoil is 5877
Short term
and Intraday Level of CRUDEOIL
Currently
Crudeoil is in HOLD
SHORT position
The Crudeoil is in downtrend For short term buy only if close above 5698.0 The
Crudeoil is now trading is approaching oversold level. The oscillator is on BUY
Signal and Crudeoil is recovering from oversold level
Intraday Trend- Buy is advised above 5747.9 with a stop at 5658.4 Below 5636.2 go for sell
Intraday Resistance of CRUDEOIL are 5736.5 : 5773.4 : 5805.7 : 5821.6
Intraday Support of CRUDEOIL are 5647.5 : 5610.6 : 5579.4 : 5563.9
Intraday Trend- Buy is advised above 5747.9 with a stop at 5658.4 Below 5636.2 go for sell
Intraday Resistance of CRUDEOIL are 5736.5 : 5773.4 : 5805.7 : 5821.6
Intraday Support of CRUDEOIL are 5647.5 : 5610.6 : 5579.4 : 5563.9
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