MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 26-12-2016

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 26-12-2016
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 oscillator is showing BUY signal For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is 3557-3518-3432-3291-3244-3196-. Immediate resistance for Crudeoil is 3687
Short term and Intraday Level of CRUDEOIL

Currently Crudeoil is in HOLD SHORT position Crudeoil is in sideways so for short term better buy above 3672.0 with stop at 3552.0 The Crudeoil is now trading is approaching overbought level. The oscillator is on SELL signal and Crudeoil is coming down from overbought level
Intraday Trend- Buy is advised above 3642.6 with a stop at 3569.2 Below 3549.6 go for sell
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