MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 21-07-2017
MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 21-07-2017
MTECHTIPS Mcx Crudeoil is bearish for medium-long term .Currently Crudeoil is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Crudeoil if it close above3096 or buy with strict stop at 2811. The oscillator is showing BUY signal For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is 3004-2958-2947-2904-.Resistance for the Crudeoil is 3094-3143- 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 3084.0 or hold with stop at 2949.0 The Crudeoil is now trading is approaching overbought level. The oscillator is on SELL signal and Crudeoil is coming down from overbought level
Intraday Trend- Buy is advised above 3071.6 with a stop at 3016.7 Below 3002.5 go for sell
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