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MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 20-03-2017

Sunday, March 19, 2017 23:38
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MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 20-03-2017

 

 MTECHTIPS Mcx Crudeoil is bearish for medium-long term .Currently Crudeoil is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Crudeoil is now trading in oversold level. The Crudeoil is now trading in oversold level. The oscillator is showing SELL signal For short term Crudeoil is in SELL position.Positionally Immediate support for Crudeoil is 3095.Resistance for the Crudeoil is 3307-3402-3457-3487-3544-3558-

Short term and Intraday Level of CRUDEOIL

 

Currently Crudeoil is in HOLD LONG position Crudeoil is moving sideways so short term investor better to buy only above 3245.0 with stop at 3107.0 The Crudeoil is now trading is approaching oversold level. The oscillator is showing BUY signal

Intraday Trend- Buy is advised above 3242.7 with a stop at 3169.5 Below 3149.5 go for sell

WWW.MTECHTIPS.COM

 

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