MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 04-01-2017

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 04-01-2017
MTECHTIPS Mcx Crudeoil is in long- medium- short-medium- term bull phase .Currently Crudeoil is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The Crudeoil is now trading in overbought level. The oscillator is on BUY Signal and Copper is recovering from oversold level For short term Crudeoil is in HOLD LONG position and Crudeoil closed below 1 week low with volume signals down breakout.Positionally Support for the Crudeoil is 3544-3330-3308-3245-.Resistance for the Crudeoil is 3621-3650-
Short term and Intraday Level of CRUDEOIL

Crudeoil and closed below 1 week low with volume signals down breakoutCurrently Crudeoil is in HOLD LONG position Crudeoil has formed new 5 day high but the trend looks weak so better buy above 3723.4 The oscillator is showing SELL signal
Intraday Trend- Sell if open below 3520 with stop loss at 3660.3 or sell below 3457.2Buy is not advised till it cross 3723.4
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