MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 19-12-2018
MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 19-12-2018
MTECHTIPS Crudeoil is bearish for medium-long term.Currently Crudeoil is showing some down move and trend is strong but volume is unsatisfactory The open interest is not increasing with trend . Caution note selling at lower levels seems decreasing. The oscillator is showing BUY signal For short term Crudeoil is in HOLD SHORT position.Positionally Immediate support for Crudeoil is 3348.Resistance for the Crudeoil is 3700-3708-3787-4336-4625-4660-
Short term and Intraday Level of CRUDEOIL Currently Crudeoil is in HOLD SHORT position The Crudeoil is in downtrend For short term buy only if close above 3716 The oscillator is showing SELL signal Intraday Trend- Sell if open below 3307 with stop loss at 3462 or sell below 3237 Buy only above 3533
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