December 8, 2016

MTECHTIPS MCX CRUDE OIL INTRADAY trading tips 07-09-2016

 MTECHTIPS MCX sep crude oil Support at 2900 and Resistance at 3050—3200 lose above 3020 will take it to 3050—3080 and then to 3130—3200 mark but chances are unlikely to test its resistance level of 3200 mark in near terms and could test its support level of 2900. Weekly close below 2900 will take to 2600—2450 mark in days to come. Positional traders can try to sell Crude oil on rise around 3050—3080 with stop loss above 3200 on closing basis for the initial downside target of 2900

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