Overall trend of the Crudeoil is bearish for medium-long term .Currently Crudeoil is moving sideways The oscillator is showing BUY signal .In last 5 days volatality is very less and fresh Buy can be considered in the Crudeoil if it close above4046 or buy with strict stop at 3657. The oscillator is showing BUY signal For short term Crudeoil is in HOLD LONG position
CRUDE OIL SUPPORT & RESISTANCE :-
Immediate support for Crudeoil is 3657
Resistance for the Crudeoil is 3893-4083-4178-4274-4393
CRUDE OIL INTRADAY TREND :-
Buy above 3884.8 and keep stop below 3765.4 Target is 3937 next 4023.7 Below 3713.4 trend reversal can occur and next level is 3627.1
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