MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 03-03-2017

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 03-03-2017
MTECHTIPS Mcx Crudeoil is in long- term bull phase .Currently Crudeoil is showing some down move and trend is strong and supported with good volume The open interest is not increasing with trend . Caution note selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Crudeoil is in HOLD SHORT position.Positionally Support for the Crudeoil is 3522-3433-.Resistance for the Crudeoil is 3602-3609-3615-3621-
Short term and Intraday Level of CRUDEOIL

Currently Crudeoil is in SELL position Crudeoil has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below3489.5 Buy if above 3652.0 The Crudeoil is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 3584.7 with a stop at 3509.7 Below 3489.5 go for sell
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