Home / TIPS / MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 11-01-2017

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 11-01-2017

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 11-01-2017

 MTECHTIPS Mcx  Crudeoil is in long- medium- term bull phase .Currently Crudeoil is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Crudeoil is in SELL position.Positionally Support for the Crudeoil is 3367-3346-3264-.Resistance for the Crudeoil is 3599-3640-3647-

Short term and Intraday Level of CRUDEOIL

 

Currently Crudeoil is in HOLD SHORT position Crudeoil is moving sideways so short term investor better to buy only above 3700.0 or hold with stop at 3500.0 The Crudeoil is now trading is approaching oversold level. The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 3561.2 with a stop at 3485.4 Below 3464.9 go for sell

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