MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 01-03-2017

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 01-03-2017

 MTECHTIPS Mcx Crudeoil is in strong uptrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Crudeoil is 3510-3429-.Resistance for the Crudeoil is 3604-3607-3616-3621-

Short term and Intraday Level of CRUDEOIL

 

Currently Crudeoil is in HOLD SHORT position Crudeoil has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below3520.6 Buy if above 3670.0 The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 3611.5 with a stop at 3539.7 Below 3520.6 go for sell

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