MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 29-12-2016

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 29-12-2016
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 BUY signal For short term Crudeoil is in HOLD LONG position and closed above 1 month high with volume signals up breakout.Positionally Support for the Crudeoil is 3588-3559-3476-3307-3272-3220-. Immediate resistance for Crudeoil is 3727
Short term and Intraday Level of CRUDEOIL

Crudeoil closed above 1 week high with volume signals up breakoutCurrently Crudeoil is in HOLD LONG position In short term Crudeoil is in strong up trend so hold with stop at 3622 Very Short term investor please cautious on Crudeoil as it is moving with low volatality The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 3740.6 with a stop at 3685.1 Below 3671.6 go for sell with a stop at 3727
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