MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 25-11-2016
MTECHTIPS MCX Crudeoil is in perfect uptrend .Currently Crudeoil is in strong uptrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Crudeoil is 3178-3140-3139-3133-3087-3082-. Immediate resistance for Crudeoil is 3372
Short term and Intraday Level of CRUDEOIL
Currently Crudeoil is in HOLD LONG position Crudeoil is in profit booking mode so either sell of or keep stop at3266 so better sell and enter at lower level The Crudeoil is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 3376.6 with a stop at 3263 Below 3229.7 go for sell.