Thursday 19 September 2013

CRUDE OIL TREND FOR TODAY-20-Sep-2013

Crudeoil is in long- term bull phase .Currently Crudeoil is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Crudeoil is in SELLposition.Positionally Support for the Crudeoil is 6507-6237-.Resistance for the Crudeoil is 6772-6857-6994-7053-
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 6811.0 The Crudeoil is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 6758 with a stop at 6559.6 Below 6502.5 go for sell
Intraday Resistance of CRUDEOIL are 6683.7 : 6737.4 : 6826.5 : 6752.7 : 6769.8
Intraday Support of CRUDEOIL are 6576.3 : 6522.6 : 6433.5 : 6508.4 : 6491.7

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2 comments :

  1. Nifty on Friday- The 50 share NSE Nifty was closed 103.45 points or 1.69% down at 6012.10, it was touched a high levels of 6130.95 and touched a low levels of 5932.85. monday 23 september calls FREE STOCK TIPS
    and FREE NIFTY TIPS

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  2. Today's Commodity Trading Tips
    CRUDEOIL (19 MAR.) TREND: CONSOLIDATE
    RES 1: 6070
    RES 2: 6120
    SUPP 1: 5980
    SUPP 2: 5900
    STRATEGY: SELL ON HIGH
    Stock tips free trial

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