Trend updated
for-Apr/01/2013.CMP-5400 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
5155-5112-5099-5098-5055-5024-. Immediate resistance for Crudeoil is
5539
Currently Crudeoil is in HOLD LONG position
In short term Crudeoil is in strong up trend so hold with stop at
5261 The Crudeoil is now trading in highly overbought level. The
oscillator is showing SELL signal
Intraday Trend- Buy is advised above 5529 with a stop at 5330.4 Below 5271.5 go for sell with a stop at 5469.9
Intraday Resistance of CRUDEOIL are 5457.2/5514.5/5609.5/5557.4/5594.8
Intraday Support of CRUDEOIL are 5342.8/5285.5/5190.5/5263.2/5227
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