MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 30-11-2016
MTECHTIPS MCX Crudeoil is in long- term bull phase .Currently Crudeoil is in strong uptrend 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 3085-.Resistance for the Crudeoil is 3141-3155-3171-3216-3226-
Short term and Intraday Level of CRUDEOIL
Currently Crudeoil is in HOLD SHORT position The Crudeoil is in downtrend For short term buy only if close above 3269.0 The oscillator is showing SELL signal
Intraday Trend- Sell if open below 3062.3 with stop loss at 3163.9 or sell below 3017.9 Buy only above 3208.5.