Crudeoil Trend

Trend updated for-Mar/19/2013.CMP-5056 The Crudeoil is in long- short-medium- short- term bull phase .Currently Crudeoil is showing some up move after small correction and trend is strong and supported with good volume The open interest is not increasing with trend . Caution note buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is 5026-5001-4994-4987-.Resistance for the Crudeoil is 5104-5136-

Currently Crudeoil is in HOLD SHORT position The Crudeoil is in downtrend For short term buy only if close above 5065.0 The Crudeoil is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 5084.3 with a stop at 5036.8 Below 5027.8 go for sell
Intraday Resistance of CRUDEOIL are 5081.8/5107.7/5150.6/5174.5/5210.6
Intraday Support of CRUDEOIL are 5030.2/5004.3/4961.4/4925.8/4890.8/4855.9