MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 07-02-2017

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 07-02-2017
MTECHTIPS Mcx Crudeoil is in long- medium- term bull phase .Currently Crudeoil is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Crudeoil if it close above3711 or buy with strict stop at 3469. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Crudeoil is 3548-3407-3365-.Resistance for the Crudeoil is 3611-3616-3622-
Short term and Intraday Level of CRUDEOIL

Currently Crudeoil is in HOLD LONG position Crudeoil is in profit booking mode so better sell and enter at lower level The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 3621.2 with a stop at 3554.4 Below 3536.9 go for sell
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