MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 07-02-2019
MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 07-02-2019
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 Crudeoil is now trading in overbought level. The Crudeoil is now trading in overbought level. The oscillator is showing SELL signal For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is 3864-3834-3811-3703-3603-.Resistance for the Crudeoil is 4245- Short term and Intraday Level of CRUDEOIL Currently Crudeoil is in HOLD LONG position Crudeoil is in sideways and sellers was at high so for short term better buy above 3943.1 or hold with stop at 3796 The next resistance will be at 4009 The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 3943 with a stop at 3846 Below 3819 go for sell and put stop at 3915
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