Tuesday 3 December 2013

CRUDE OIL TREND FOR TODAY- 03-Dec-2013

Crudeoil is bearish for medium-long term .Currently Crudeoil is moving sideways The oscillator is showing SELL signal .In last 1 month volatality is very less Buy the Crudeoil above 6118 or buy with strict stop at 5738. The oscillator is showing SELL signal For short term Crudeoil is in SELL position.Positionally Immediate support for Crudeoil is 5738.Resistance for the Crudeoil is 5915-5927-5944-6121-6427-6452-

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 5855.0 The Crudeoil is now trading is approaching oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 5932.7 with a stop at 5806 Below 5771.6 go for sell and put stop at 5898.2
Intraday Resistance of CRUDEOIL are 5901.2 : 5942 : 5967.3 : 5983.4
Intraday Support of CRUDEOIL are 5802.8 : 5762 : 5737.8 : 5722.1

 

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3 comments :

  1. CRUDEOIL (18 DEC) TREND: BEARISH
    RES 1: 5900
    RES 2: 5970
    SUPP 1: 5800
    SUPP 2: 5750
    STRATEGY: SELL ON HIGH free option tips

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