Home / TIPS / MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 15-02-2017

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 15-02-2017

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 15-02-2017

 MTECHTIPS Mcx Crudeoil is in long- term bull phase .Currently Crudeoil is in strong downtrend 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 3428-3396-.Resistance for the Crudeoil is 3581-3595-3596-3597-

Short term and Intraday Level of CRUDEOIL

 

Currently Crudeoil is in HOLD LONG position Crudeoil is in profit booking mode so hold with stop at 3540 The oscillator is showing BUY signal

Intraday Trend- Buy is advised only above 3612.4 with a stop at 3537.8 Below 3517.7 go for sell and put stop at 3592.3

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