Monday 9 December 2013

CRUDE OIL TREND FOR TODAY- 10-Dec-2013

Crudeoil is bearish for medium-long term .Currently Crudeoil is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Crudeoil if it close above6129 or buy with strict stop at 5738. The oscillator is showing BUY signal For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is 5910-5905-5893-.Resistance for the Crudeoil is 6076-6348-6441-

Short term and Intraday Level of CRUDEOIL

Currently Crudeoil is in HOLD LONG position Crudeoil is moving sideways so short term investor better to buy only above 6105.0 with stop at 5863.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 5999 with a stop at 5924.1 Below 5907.2 go for sell
Intraday Resistance of CRUDEOIL are 5987 : 6015.2 : 6069.3 : 6085.5
Intraday Support of CRUDEOIL are 5919 : 5890.8 : 5837.8 : 5821.9

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