Trend updated
for-Apr/12/2013.CMP-5085 The Crudeoil is in long- term bull phase
.Currently Crudeoil is in strong downtrend with good momentum and the
trend is supported with good volume The open interest is not
increasing with trend . Noting point is selling at lower levels seems
decreasing. The oscillator is showing SELL signal For short term
Crudeoil is in SELL position.Positionally Support for the
Crudeoil is 5058-.Resistance for the Crudeoil is
5134-5151-5161-5174-5214-
Currently Crudeoil is in HOLD LONG position
The Crudeoil is in downtrend For short term buy only if close above
5146.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 5143.6 with a stop at 5050.7 Below 5026.6 go for sell
Intraday Resistance of CRUDEOIL are 5133.3/5173.4/5206/5242.1/5278.4
Intraday Support of CRUDEOIL are 5036.7/4996.6/4956.5/4921.4
Intraday Trend- Buy is advised above 5143.6 with a stop at 5050.7 Below 5026.6 go for sell
Intraday Resistance of CRUDEOIL are 5133.3/5173.4/5206/5242.1/5278.4
Intraday Support of CRUDEOIL are 5036.7/4996.6/4956.5/4921.4
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