MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 04-04-2017
MTECHTIPS Mcx Crudeoil is bearish for medium-long term .Currently Crudeoil is in downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is 3181-3177-.Resistance for the Crudeoil is 3307-3458-3474-3514-
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 3242 The Crudeoil is now trading in highly overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 3306.1 with a stop at 3259.2 Below 3248 go for sell with a stop at 3294.8
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