December 3, 2016

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 19-10-2016

 MTECHTIPS MCX Crudeoil is in long- medium- short-medium- short- term bull phase .Currently Crudeoil is moving sideways The Crudeoil is now trading in overbought level. The Crudeoil is now trading in overbought level. The oscillator is showing SELL signal .In last 3 weeks Crudeoil is trading in low volatality and fresh Buy can be considered in the Crudeoil if it close above3454 or buy with strict stop at 2951. The Crudeoil is now trading in overbought level. The Crudeoil is now trading in overbought level. The oscillator is showing SELL signal For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is 3288-3163-3112-3111-3056-.Resistance for the Crudeoil is 3366-

Short term and Intraday Level of CRUDEOIL

 

Currently Crudeoil is in SELL position Crudeoil is moving sideways so short term investor better to buy only above 3416.0 with stop at 3303.0 The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 3387.1 with a stop at 3313.2 Below 3293.1 go for sell.

 

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