MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 17-01-2017

MTECHTIPS MCX CRUDE OIL INTRADAY trading tips 17-01-2017
MTECHTIPS Mcx Crude oil is in long- medium- term bull phase .Currently Crude oil is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Crude oil is in SELL position.Positionally Support for the Crude oil is 3416-3364-3281-.Resistance for the Crude oil is 3612-3618-3638-
Short term and Intraday Level of CRUDE OIL

Currently Crude oil is in HOLD LONG position Crude oil is moving sideways so short term investor better to buy only above 3644.0 with stop at 3478.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 3610.4 with a stop at 3559.8 Below 3547.7 go for sell.
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