MTECHTIPS MCX CRUDE OIL INTRADAY trading tips 19-09-2016
MTECHTIPS Crude oil is bearish for medium-long term .Currently Crude oil is moving sideways The oscillator is showing SELL signal .In last 1 month volatility is very less Buy the Crude oil above 3261 or buy with strict stop at 2882. The oscillator is showing SELL signal For short term Crude oil is in HOLD SHORT position.Position ally Immediate support for Crude oil is 2882.Resistance for the Crude oil is 3016-3031-3052-3091-3108-3118.
Short term and Intra day Level of CRUDE OIL
Currently Crude oil is in HOLD SHORT position The Crude oil is in downtrend For short term buy only if close above 3030.0 The oscillator is showing SELL signal
Intra day Trend- Buy is advised only above 2991.2 with a stop at 2923.5 Below 2905 go for sell and put stop at 2972.5.