MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 06-03-2017

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 06-03-2017
MTECHTIPS Mcx Crudeoil is showing some down move and trend is strong momentum is also showing strength 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 3528-3435-.Resistance for the Crudeoil is 3600-3606-3614-3617-
Short term and Intraday Level of CRUDEOIL

Currently Crudeoil is in HOLD SHORT position The Crudeoil is in downtrend For short term buy only if close above 3603.0 The Crudeoil is now trading is approaching oversold level. The oscillator is on BUY Signal and Crudeoil is recovering from oversold level
Intraday Trend- Buy is advised only above 3589.1 with a stop at 3535.9 Below 3523 go for sell and put stop at 3576.1
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