Trend updated
for-Apr/03/2013.CMP-5304 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
5200-5146-5106-5101-5075-5033-. Immediate resistance for Crudeoil is
5539
Currently Crudeoil is in HOLD LONG position
Crudeoil is in profit booking mode so hold with stop at 5267 The
oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 5352.3 with a stop at 5274.6 Below 5255.9 go for sell and put stop at 5333.4
Intraday Resistance of CRUDEOIL are 5341.6/5372.8/5432.4/5469.3
Intraday Support of CRUDEOIL are 5266.4/5235.2/5196.5/5177.5/5141.6/5105.8
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