Crudeoil news

Trend updated for-Apr/06/2013.CMP-5087 The Crudeoil is in long- term bull phase .Currently Crudeoil is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing SELL signal For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is 5041-.Resistance for the Crudeoil is 5133-5137-5152-5203-5254-

Currently Crudeoil is in HOLD SHORT position The Crudeoil is in downtrend For short term buy only if close above 5216.0 The Crudeoil is now trading in highly oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 5137.9 with a stop at 5056.5 Below 5036.2 go for sell
Intraday Resistance of CRUDEOIL are 5127.7/5161.5/5198.6/5234.7/5270.9
Intraday Support of CRUDEOIL are 5046.3/5012.5/4984.5/4949.3/4914.2