Tuesday 15 January 2013

CRUDEOIL TREND FOR TODAY-16-JAN-2013


Crudeoil is in perfect uptrend .Currently Crudeoil is moving sideways The Crudeoil is now trading in overbought level. The Crudeoil is now trading in overbought level. The oscillator is showing SELL signal .In last 1 month volatality is very less and fresh Buy can be considered in the Crudeoil if it close above5196 or buy with strict stop at 4942. The Crudeoil is now trading in overbought level. The Crudeoil is now trading in overbought level. The oscillator is showing SELL signal For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is 5103-5073-5000-4892-4843-4827-. Immediate resistance for Crudeoil is 5196

Short term and Intraday Level of CRUDEOIL

Currently Crudeoil is in HOLD SHORT position The Crudeoil is in downtrend For short term buy only if close above 5154.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 5189.4 with a stop at 5096.8 Below 5072.8 go for sell and put stop at 5165.3
Intraday Resistance of CRUDEOIL are 5154.6/5174.2/5216.9/5236/5272.2/5308.6
Intraday Support of CRUDEOIL are 5107.4/5087.8/5039.9/5021.1/4985.8/4950.5

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