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MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 21-09-2018

Friday, September 21, 2018 0:01

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MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 21-09-2018

MTECHTIPS Crudeoil is in strong uptrend 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 on SELL signal and Crudeoil is coming down from overbought level For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is 4963-4862-4783-4761-4738-. Immediate resistance for Crudeoil is 5161 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 5197 with stop at 4888 The oscillator is showing BUY signal

Intraday Trend- Buy is advised only above 5197 with a stop at 5045 Below 5001 go for sell and put stop at 5153

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