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MTECHTIPS MCX CRUDE OIL INTRADAY trading tips 10-04-2017

Sunday, April 9, 2017 23:40

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MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 10-04-2017

MTECHTIPS Mcx Crudeoil is bearish for medium-long term .Currently Crudeoil is in strong uptrend with good momentum and the trend is supported with good volume 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 The current position is BUY .Positionally Support for the Crudeoil is 3256-3245-3222-.Resistance for the Crudeoil is 3436-3485-3500-

Short term and Intraday Level of CRUDEOIL

Currently Crudeoil is in HOLD LONG position In short term Crudeoil is in strong up trend so hold with stop at 3314 The Crudeoil is now trading in highly overbought level. The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 3409.5 with a stop at 3330.5 Below 3308.7 go for sell with stop at 3387.6

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