Trend updated
for-Mar/28/2013.CMP-5261 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 . In
last few days lot of positive accumulation happened in the Crudeoil
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
5098-5092-5089-5064-5029-5015-. Immediate resistance for Crudeoil is
5289
Currently Crudeoil is in HOLD LONG position
In short term Crudeoil is in strong up trend so hold with stop at
5164 The Crudeoil is now trading in highly overbought level. The
oscillator is showing BUY signal
Intraday Trend- Buy is advised above 5298 with a stop at 5237.3 Below 5224.1 go for sell with a stop at 5284.8
Intraday Trend- Buy is advised above 5298 with a stop at 5237.3 Below 5224.1 go for sell with a stop at 5284.8
Intraday Resistance of CRUDEOIL are 5287.4/5309.4/5339.6/5358.9/5395.6/5432.4
Intraday Support of CRUDEOIL are 5234.6/5212.6/5160.5/5141.5/5105.8/5070.1
There are various factors responsible behind price movements in crude oil. For best advise on your trading pattern and live updates on stock market join epic research.
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