MTECHTIPS MCX CRUDE OIL INTRADAY trading tips 28-09-2016
MTECHTIPS MCX Crude oil is bearish for medium-long term .Currently Crude oil is moving sideways The oscillator is showing BUY signal .In last 1 month volatility is very less and fresh Buy can be considered in the Crude oil if it close above 3186 or buy with strict stop at 2862. The oscillator is showing BUY signal For short term Crude oil is in HOLD LONG position. Position ally Immediate support for Crude oil is 2862.Resistance for the Crude oil is 2999-3003-3029-3048-3073-3120-
Short term and Intraday Level of CRUDE OIL
Currently Crude oil is in HOLD SHORT position Crude oil is moving sideways so short term investor better to buy only above 3114.0 or hold with stop at 2953.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 3052.7 with a stop at 2933.3 Below 2897.6 go for sell.