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MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 28-03-2017
MTECHTIPS Mcx Crudeoil is bearish for medium-long term.Currently Crudeoil is showing some down move and trend is strong and supported with good volume The open interest is not increasing with trend . Caution note 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 SELL signal For short term Crudeoil is in HOLD SHORT position.Positionally Immediate support for Crudeoil is 3064.Resistance for the Crudeoil is 3178-3235-3385-3462-3492-3534-
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 3168.0 The Crudeoil is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 3164.8 with a stop at 3082.6 Below 3059.4 go for sell
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