MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 14-01-2019
MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 14-01-2019
MTECHTIPS Crudeoil is bearish for medium-long term .Currently 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 showing BUY signal For short term The current position is BUY .Positionally Support for the Crudeoil is 3455-3413-3335-.Resistance for the Crudeoil is 3778-4265-4448- Short term and Intraday Level of CRUDEOIL Currently Crudeoil is in BUY position In Crudeoil is in up trend but last day trend was weak so adhere to stop at 3586 The Crudeoil is now trading in highly overbought level. The oscillator is showing SELL signal Intraday Trend- Sell if open below 3582 with stop loss at 3681.4 Buy is advised only above 3723
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