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 Crudeoil
is in HOLD LONG position.Positionally
Support for the Crudeoil is 5724-5697-5580-5387-5256-5205-. Immediate
resistance for Crudeoil is 5890
Short
term and Intraday Level of CRUDEOIL
Currently
Crudeoil is in HOLD LONG position Crudeoil is moving sideways with low
volatality so short term investor better to buy if close above 5867.0 close
below 5653.0 sell will happen. The Crudeoil is now trading is approaching
overbought level. The oscillator is on SELL signal and Crudeoil is coming down
from overbought level
Intraday Trend-Intraday better to buy above 5978.7 and Sell if below5677.9
Intraday Resistance of CRUDEOIL are 5903.8 : 5966.8 : 5943.1 : 5959.1
Intraday Support of CRUDEOIL are 5752.2 : 5689.2 : 5714.1 : 5698.3
Intraday Trend-Intraday better to buy above 5978.7 and Sell if below5677.9
Intraday Resistance of CRUDEOIL are 5903.8 : 5966.8 : 5943.1 : 5959.1
Intraday Support of CRUDEOIL are 5752.2 : 5689.2 : 5714.1 : 5698.3
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