Crude Oil Outlook for Today,MCX Crude Oil Trend for - 05-Feb-2013

CRUDEOIL TREND & INTRADAY LEVELS

The Crudeoil is in long- medium- 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 Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is 4991-4917-4871-.Resistance for the Crudeoil is 5180-5205-5213- 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 5197.0 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 5193.4 with a stop at 5111.3 Below 5090.8 go for sell Intraday Resistance of CRUDEOIL are 5173.8/5200.2/5240.4/5259.6/5295.9/5332.3 Intraday Support of CRUDEOIL are 5110.2/5083.8/5044.2/5008.8/4973.5 To Get Free  Tips: FreeStock Tips Forex Tips Free Commodity Tips  Or Reach us- 8878998885, 0731-6461777.