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MTECHTIPS MCX CRUDE OIL INTRADAY trading tips 15-03-2017

Wednesday, March 15, 2017 0:06
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MTECHTIPS MCX CRUDE OIL INTRADAY trading tips 15-03-2017

 

 MTECHTIPS Mcx Crude oil is bearish for medium-long term .Currently Crude oil is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days volume based selling happened in the Crude oil Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Crude oil is in SELL position. Position ally Immediate support for Crude oil is 3095.Resistance for the Crude oil is 3421-3460-3488-3531-3564-3570-

Short term and Intraday Level of CRUDE OIL

 

Currently Crude oil is in HOLD SHORT position The Crude oil is in downtrend For short term buy only if close above 3264.0 The Crude oil is now trading in highly oversold level. The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 3210.8 with a stop at 3095.6 Below 3061.5 go for sell

WWW.MTECHTIPS.COM

 

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