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CRUDEOIL NEWS why is Crude Oil (kachcha Tel Oil) price falling or rising - munafasutra.com

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CRUDEOIL NEWS why is Crude Oil (kachcha Tel Oil) price falling or rising

CRUDEOIL NEWS reasons for why stock price of Crude Oil (kachcha Tel Oil) is falling or rising

CRUDEOIL Crude Oil is falling or rising technical reasons

Technical analysis forecast for Crude Oil Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Crude Oil CRUDEOIL at this time. Stock is falling and might fall more.

It appears as if Crude Oil CRUDEOIL gave a large move recently.

Stock of Crude Oil (CRUDEOIL) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

Although my analysis for Crude Oil is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 5711.2, for a target of 5864.5 or 5992.26

CRUDEOIL Crude Oil is falling or rising NEWS fundamental reasons

ONGC to pay Rs 50 lakh damages for crude oil leak in Bharuch district The Gujarat Pollution Control Board (GPCB) has ordered the Oil and Natural Gas Corporation (ONGC) to pay Rs 50 lakh in damages for the spillage of crude oil from its pipeline in Bharuch district, an official said on Friday. It has been alleged that 25 came - NEWS as on 2023-05-26 business-standard.com

More announcements and NEWS

CRUDEOIL Crude Oil (kachcha Tel Oil) current price & indicator signals

Moving Averages for Crude Oil (kachcha Tel Oil)

  • 5Day Average: 5970.6
  • 12Day Average: 5960
  • 20Day Average: 5914.6
  • 50Day Average: 6147.78
  • 100Day Average: 6241.57
  • 150Day Average: 6376.17
  • 200Day Average: 6543.24

CRUDEOIL Indicators & signals

Indicator MACD (12,26,9)

5959.77, 6019.48, -69.22
Indicator MACD is in negative zone

Indicator ADX (14)

27.84, 16.27, 28.81
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 42
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of CRUDEOIL Crude Oil (kachcha Tel Oil) are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
30 Tue May 2023 5756.00 5734.00 to 6021.00 -4.64% 2.04 times
29 Mon May 2023 6036.00 5970.00 to 6076.00 0.53% 0.68 times
26 Fri May 2023 6004.00 5940.00 to 6049.00 0.98% 0.9 times
25 Thu May 2023 5946.00 5900.00 to 6159.00 -2.7% 1.7 times
24 Wed May 2023 6111.00 6065.00 to 6190.00 0.31% 1.17 times
23 Tue May 2023 6092.00 5961.00 to 6120.00 1.25% 1.1 times
22 Mon May 2023 6017.00 5873.00 to 6029.00 1.69% 1.15 times
19 Fri May 2023 5917.00 5866.00 to 6066.00 -0.22% 0.2 times
18 Thu May 2023 5930.00 5921.00 to 6020.00 -1.4% 0.25 times
17 Wed May 2023 6014.00 5774.00 to 6037.00 3.09% 1.57 times
16 Tue May 2023 5834.00 5808.00 to 5902.00 -0.49% 1.29 times
15 Mon May 2023 5863.00 5714.00 to 5899.00 1.56% 1.7 times

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