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 5710-5663-5539-5358-5244-5190-. Immediate
resistance for Crudeoil is 5890
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 5731 The Crudeoil is now trading is approaching
overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 5875 with a stop at 5765.8 Below 5737.3 go for sell with stop at 5846.3
Intraday Resistance of CRUDEOIL are 5846.1 : 5879.4 : 5920.9 : 5936.9
Intraday Support of CRUDEOIL are 5765.9 : 5732.6 : 5692.3 : 5676.6
Intraday Trend- Buy is advised above 5875 with a stop at 5765.8 Below 5737.3 go for sell with stop at 5846.3
Intraday Resistance of CRUDEOIL are 5846.1 : 5879.4 : 5920.9 : 5936.9
Intraday Support of CRUDEOIL are 5765.9 : 5732.6 : 5692.3 : 5676.6
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