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MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 22-02-2017

Tuesday, February 21, 2017 23:52
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MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 22-02-2017

 

 MTECHTIPS Mcx Crudeoil is in perfect uptrend .Currently Crudeoil is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Crudeoil is in HOLD LONG position and closed above 3 week high with volume signals up breakout.Positionally Support for the Crudeoil is 3582-3573-3567-3566-3468-3417-. Immediate resistance for Crudeoil is 3709

Short term and Intraday Level of CRUDEOIL

 

Crudeoil closed above 1 week high with volume signals up breakoutCurrently Crudeoil is in HOLD LONG position In short term Crudeoil is in strong up trend so hold with stop at 3608 The oscillator is showing BUY signal

Intraday Trend- Buy is advised above 3714.7 with a stop at 3641.1 Below 3621.5 go for sell with a stop at 3695

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