MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 03-10-2016
MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 03-10-2016
MTECHTIPS MCX Crudeoil is in perfect uptrend .Currently Crudeoil is showing some up move after small correction and trend is strong momentum is also showing strength and supported with good volume The open interest is not increasing with trend . Caution note buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Crudeoil is 3101-3046-3045-3022-3019-2985-. Immediate resistance for Crudeoil is 3246
Short term and Intraday Level of CRUDEOIL
Currently Crudeoil is in HOLD LONG position Crudeoil has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 3311.2 with stop at 2953.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 3311.2 with a stop at 3159.4 Below 3113.2 go for sell and put stop at 3264.
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