Wednesday 21 January 2015

CAPITAL STROKE UPDATE 22 -JAN-2015 : MCX CRUDE OIL

Trend updated for-Jan/22/2015.CMP-2948 Overall trend of the Crudeoil is bearish for medium-long term. Currently Crudeoil is moving sideways The Crudeoil is now trading in highly oversold level. The Crudeoil is now trading in highly oversold level. The oscillator is showing BUY signal .In last 5 days volatality is very less Buy the Crudeoil above 3132 or buy with strict stop at 2880. The Crudeoil is now trading in highly oversold level. The Crudeoil is now trading in highly oversold level. The oscillator is showing BUY signal For short term Crudeoil is in HOLD SHORT position.Positionally Support for the Crudeoil is 2933-.Resistance for the Crudeoil is 3052-3249-3775-4201-4575-

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