Short Term and Intraday Level Of CRUDEOIL....

Trend updated for-Nov/10/2012.CMP-4719 Overall trend of the Crudeoil is bearish for medium-long term .Currently Crudeoil is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Crudeoil is now trading in oversold level. The Crudeoil is now trading in oversold level. The oscillator is showing BUY signal For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is 4652-4645-.Resistance for the Crudeoil is 4756-4883-5019-5030-