MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 22-03-2017
MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 22-03-2017
MTECHTIPS Mcx Crudeoil is bearish for medium-long term .Currently Crudeoil is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Crudeoil is now trading in oversold level. The Crudeoil is now trading in oversold level. The oscillator is showing BUY signal For short term Crudeoil is in SELL position.Positionally Immediate support for Crudeoil is 3137.Resistance for the Crudeoil is 3235-3348-3457-3527-3549-
Short term and Intraday Level of CRUDEOIL
Currently Crudeoil is in HOLD LONG position Crudeoil is moving sideways so short term investor better to buy only above 3245.0 with stop at 3150.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 3217.1 with a stop at 3140.4 Below 3119.1 go for sell
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