Crudeoil news

Trend updated for-Apr/04/2013.CMP-5199 The Crudeoil is in long- medium- short-medium- short- term bull phase .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 on SELL signal and Crudeoil is coming down from overbought level For short term The current position is BUY and Crudeoil closed below 1 week low with volume signals down breakout.Positionally Support for the Crudeoil is 5157-5108-5101-5083-5036-.Resistance for the Crudeoil is 5256-

Crudeoil and closed below 1 week low with volume signals down breakoutCurrently Crudeoil is in HOLD SHORT position Crudeoil has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below5128 Buy if above 5517.0 The oscillator is showing SELL signal
 

Intraday Trend- Buy is advised above 5270.2 with a stop at 5158.3 Below 5128 go for sell

Intraday Resistance of CRUDEOIL are 5227.2/5255.3/5302.1/5338.4/5375/5411.7
Intraday Support of CRUDEOIL are 5170.8/5142.7/5095.9/5085.7/5050.1