MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 27-02-2018
MTECHTIPS Crudeoil is showing some up move after small correction and trend is strong and supported with good volume The open interest is not increasing with trend . Caution note buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is 4022-3980-3957-3952-3862-3756-. Immediate resistance for Crudeoil is 4189 Short term and Intraday Level of CRUDEOIL Currently Crudeoil is in HOLD LONG position Crudeoil has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 4207 with stop at 3961 The Crudeoil is now trading in highly overbought level. The oscillator is showing BUY signal Intraday Trend- Buy is advised only above 4207 with a stop at 4124 Below 4103 go for sell and put stop at 4185
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