MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 01-02-2017
MTECHTIPS Mcx Crudeoil is in perfect uptrend .Currently Crudeoil is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Crudeoil if it close above3711 or buy with strict stop at 3464. The oscillator is showing BUY signal For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is 3599-3584-3577-3522-3397-3339-. Immediate resistance for Crudeoil is 3711
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 3659.7 or hold with stop at 3553.0 The next resistance will be at 3696.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 3659.7 with a stop at 3587.6 Below 3568.5 go for sell and put stop at 3640.