Crudeoil is in perfect uptrend .Currently Crudeoil is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The Crudeoil is now trading in overbought level. The Crudeoil is now trading in overbought level. The oscillator is showing SELL signal For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is 5719-5679-5558-5370-5250-5197-. Immediate resistance for Crudeoil is 5890
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 5867.0 with stop at 5653.0 The Crudeoil is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 5800.8 with a stop at 5738.4 Below 5725.3 go for sell
Intraday Resistance of CRUDEOIL are 5786 : 5805 : 5861.5 : 5877.4 : 5893.4
Intraday Support of CRUDEOIL are 5740 : 5721 : 5665.4 : 5649.7 : 5634.1
Intraday Trend- Buy is advised above 5800.8 with a stop at 5738.4 Below 5725.3 go for sell
Intraday Resistance of CRUDEOIL are 5786 : 5805 : 5861.5 : 5877.4 : 5893.4
Intraday Support of CRUDEOIL are 5740 : 5721 : 5665.4 : 5649.7 : 5634.1
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