Crude Oil Outlook for Today,MCX Crude Oil Trend for - 14-Mar-2013
The Crudeoil is in long- short- term bull phase .Currently Crudeoil is moving sideways The oscillator is on BUY Signal and Crudeoil is recovering from oversold level .In last 1 month volatality is very less and fresh Buy can be considered in the Crudeoil if it close above5124 or buy with strict stop at 4905. The oscillator is on BUY Signal and Crudeoil is recovering from oversold level For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is 4984-4980-4969-.Resistance for the Crudeoil is 5086-5096-5142-Short term and Intraday Level of CRUDEOILIntraday Trend- Buy is advised only above 5085.2 with a stop at 5013.9 Below 4996.9 go for sell and put stop at 5068.1 Intraday Resistance of CRUDEOIL are 5075.1/5103.3/5132.5/5151.4/5187.4/5223.5 Intraday Support of CRUDEOIL are 5006.9/4978.7/4938.4/4903.3/4868.3
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