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MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 30-03-2017
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 .. 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 Support for the Crudeoil is 3169-3158-.Resistance for the Crudeoil is 3349-3466-3476-3523-
Short term and Intraday Level of CRUDEOIL
Currently Crudeoil is in HOLD SHORT position Crudeoil is in sideways and sellers was at high so for short term better buy above 3256.5 or hold with stop at 3076.0 The next resistance will be at 3221.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 3256.5 with a stop at 3185.1 Below 3165.7 go for sell and put stop at 3237
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