Crudeoil is
bearish for medium-long term .Currently Crudeoil is in strong downtrend and the
trend is supported with good volume The open interest is not increasing with
trend . Noting point is selling at lower levels seems decreasing. The Crudeoil is
now trading in oversold level. The Crudeoil is now trading in oversold level.
The oscillator is showing BUY signal For short term Crudeoil is in HOLD SHORT position.Positionally Support for
the Crudeoil is 5741-.Resistance for the Crudeoil is 5887-5985-5998-6035-6225-
Short term and Intraday Level of
CRUDEOIL
Currently
Crudeoil is in HOLD LONG position Crudeoil is in profit
booking mode so either sell of or keep stop at5736 so better sell and enter at
lower level The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 5867 with a stop at 5726.4 Below 5687.4 go for sell
Intraday Resistance of CRUDEOIL are 5811 : 5839.2 : 5891.6 : 5907.5
Intraday Support of CRUDEOIL are 5743 : 5714.8 : 5663.6 : 5647.9
Intraday Trend- Buy is advised above 5867 with a stop at 5726.4 Below 5687.4 go for sell
Intraday Resistance of CRUDEOIL are 5811 : 5839.2 : 5891.6 : 5907.5
Intraday Support of CRUDEOIL are 5743 : 5714.8 : 5663.6 : 5647.9
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