MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 06-01-2017

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 06-01-2017
MTECHTIPS Mcx Crudeoil is in long- medium- short-medium- short- term bull phase .Currently Crudeoil is moving sideways The oscillator is on SELL signal and Crudeoil is coming down from overbought level .In last 1 month volatality is very less and fresh Buy can be considered in the Crudeoil if it close above3795 or buy with strict stop at 3413. The oscillator is on SELL signal and Crudeoil is coming down from overbought level For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is 3611-3558-3343-3324-3253-.Resistance for the Crudeoil is 3658-
Short term and Intraday Level of CRUDEOIL

Currently Crudeoil is in SELL position Crudeoil is in sideways and sellers was at high so for short term better buy above 3692.2 or hold with stop at 3552.0 The next resistance will be at 3780.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 3692.2 with a stop at 3604.4 Below 3580 go for sell and put stop at 3667.7
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