Trend updated
for-Mar/26/2013.CMP-5157 The 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
oscillator is showing BUY signal For short term The current position
is BUY .Positionally Support for the Crudeoil is
5089-5080-5056-5028-5014-5008-. Immediate resistance for Crudeoil is
5219
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 5202.1 with
stop at 5036.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 5202.1 with a stop at 5129.4 Below 5112.1 go for sell and put stop at 5184.7
Intraday Resistance of CRUDEOIL are 5202.7/5240.7/5301.3/5337.8
Intraday Support of CRUDEOIL are 5111.3/5073.3/5014/4978.7
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