MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 10-01-2019
MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 10-01-2019
MTECHTIPS Crudeoil is bearish for medium-long term .Currently 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 3464-3318-3296-.Resistance for the Crudeoil is 3827-4307-4466-
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 3433 The Crudeoil is now trading in highly overbought level. The oscillator is showing BUY signal Intraday Trend- is in intraday buy level better buy above 3760 or in low buy above 3611 Target is 3827 next 3939 Below 3545 trend reversal can occur so keep long stop at 3545
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