May 24, 2018


 MTECHTIPS Mcx Crudeoil is in long- medium- term bull phase .Currently Crudeoil is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is 3528-3398-3346-.Resistance for the Crudeoil is 3610-3611-3625-

Short term and Intraday Level of CRUDEOIL


Currently Crudeoil is in HOLD SHORT position Crudeoil is in sideways so for short term better buy above 3696.0 with stop at 3553.0 The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 3625.2 with a stop at 3561.4 Below 3545 go for sell




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