Thursday, 11 April 2013

Crudeoil news

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

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