Mcx Crudeoil Trend Today Outlook 29 oct 2014– By Gravita Research

CMP-4985 Overall trend of the Crudeoil is bearish for medium-long term .Currently Crudeoil is in strong downtrend and the trend is supported with good volume 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 SELL signal For short term Crudeoil is in HOLD SHORT position.Positionally Immediate support for Crudeoil is 4878.Resistance for the Crudeoil is 5057-5154-5368-5546-5726-5873- For More Detail Visit Our SIte -- http://www.gravitaresearch.com/includes/commodities-tips.php