Tuesday 23 July 2013

CRUDE OIL TREND FOR TODAY-23-July-2013

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 .. 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 6318-6284-6084-5756-5539-5418-. Immediate resistance for Crudeoil is 6524
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 6346 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 6451.6 with a stop at 6318.5 Below 6282.7 go for sell with stop at 6415.7
Intraday Resistance of CRUDEOIL are 6438.7 : 6498.2 : 6487.3 : 6504
Intraday Support of CRUDEOIL are 6295.3 : 6235.8 : 6247.9 : 6231.4

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