MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 21-12-2016

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 21-12-2016
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 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 3509-3493-3376-3276-3225-3172-. Immediate resistance for Crudeoil is 3687
Short term and Intraday Level of CRUDEOIL

Currently Crudeoil is in HOLD LONG position Crudeoil has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 3688.7 with stop at 3391.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 3688.7 with a stop at 3613.6 Below 3593.4 go for sell and put stop at 3668.5
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