MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 20-12-2016

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 20-12-2016
MTECHTIPS Mcx Crudeoil is in perfect uptrend .Currently Crudeoil is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The Crudeoil is now trading in overbought level. The oscillator is showing SELL signal For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is 3489-3458-3354-3270-3217-3162-. Immediate resistance for Crudeoil is 3648
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 3633.0 or hold with stop at 3391.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 3694.7 with a stop at 3576.2 Below 3541.6 go for sell.

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