Crudeoil is
bearish for medium-long term .Currently Crudeoil is in strong uptrend and the
trend is supported with good volume The open interest is not increasing with
trend . In last few days lot of positive accumulation happened in the Crudeoil.
The oscillator is showing BUY signal For short term Crudeoil is in HOLD LONG position.Positionally Support for
the Crudeoil is 5961-5940-5927-5889-5833-.Resistance for the Crudeoil is 6153-
Short term and Intraday Level of
CRUDEOIL
Currently
Crudeoil is in BUY position In short term Crudeoil is in strong up trend so
hold with stop at 6045 The Crudeoil is now trading in highly overbought level.
The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 6154 with a stop at 6049 Below 6022.2 go for sell with stop at 6127.1
Intraday Resistance of CRUDEOIL are 6141.7 : 6186.3 : 6205.6 : 6222
Intraday Support of CRUDEOIL are 6034.3 : 5989.7 : 5971.5 : 5955.5
Intraday Trend- Buy is advised above 6154 with a stop at 6049 Below 6022.2 go for sell with stop at 6127.1
Intraday Resistance of CRUDEOIL are 6141.7 : 6186.3 : 6205.6 : 6222
Intraday Support of CRUDEOIL are 6034.3 : 5989.7 : 5971.5 : 5955.5
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