MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 02-04-2019
MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 02-04-2019
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 Crudeoil is now trading in overbought level. The Crudeoil is now trading in overbought level. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Crudeoil is 4121-4087-4039-3947-3803-3780-. Immediate resistance for Crudeoil is 4303 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 4345 or hold with stop at 4051.0 The next resistance will be at 4286 The Crudeoil is now trading is approaching overbought level. The oscillator is showing BUY signal Intraday Trend- Buy is advised only above 4345 with a stop at 4243 Below 4215 go for sell and put stop at 4316
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