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Post by tradebizzindia1 on May 23, 2016 15:02:44 GMT 8
The Crudeoil is in perfect uptrend .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 Crudeoil is now trading in overbought level. The Crudeoil is now trading in overbought level. The oscillator is showing BUY signal For short term Crudeoil is inHOLD LONG position.Positionally Support for the Crudeoil is 3124-3061-2985-2791-2593-2494-. Immediate resistance for Crudeoil is 3346 SELL CRUDE OIL 3240 TGT 3220/3200 SL 3265 . Commodity tips
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