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MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 29-03-2017
MTECHTIPS Mcx Crudeoil is bearish for medium-long term .Currently Crudeoil is in strong downtrend but volume is unsatisfactory 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 HOLD SHORT position.Positionally Immediate support for Crudeoil is 3064.Resistance for the Crudeoil is 3181-3209-3365-3464-3483-3528-
Short term and Intraday Level of CRUDEOIL
Currently Crudeoil is in HOLD SHORT position Crudeoil is in sideways so for short term better buy above 3187.0 with stop at 3076.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 3210.7 with a stop at 3142.1 Below 3123.5 go for sell and put stop at 3192
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