Trend updated
for-Mar/25/2013.CMP-5089 The Crudeoil is in long- short-medium-
short- term bull phase .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 oscillator is showing BUY signal For short term
The current position is BUY .Positionally Support for the
Crudeoil is 5029-5010-5004-5001-.Resistance for the Crudeoil is
5115-5131-
Currently Crudeoil is in HOLD LONG position
Crudeoil has crossed the high but the trend was not strong and
sellers was at high so for short term better buy above 5133.5 with
stop at 4973.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 5133.5 with a stop at 5061.7 Below 5044.7 go for sell and put stop at 5116.3
Intraday Trend- Buy is advised only above 5133.5 with a stop at 5061.7 Below 5044.7 go for sell and put stop at 5116.3
Intraday Resistance of CRUDEOIL are 5112.7/5132.3/5168.5/5187.5/5223.5/5259.7
Intraday Support of CRUDEOIL are 5065.3/5045.7/4992.3/4973.7/4938.5/4903.4
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