MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 10-03-2017

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 10-03-2017
MTECHTIPS Mcx Crudeoil is bearish for medium-long term .Currently Crudeoil is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days volume based selling happened in the Crudeoil. The oscillator is showing SELL signal For short term Crudeoil is in SELL position and closed below 1 month low with volume signals down breakout.Positionally Immediate support for Crudeoil is 3239.Resistance for the Crudeoil is 3466-3545-3567-3576-3598-
Short term and Intraday Level of CRUDEOIL

Currently Crudeoil is in HOLD SHORT position Crudeoil is in sideways but the trend looks weak so better buy above 3588.0 or hold with stop at 3252.0 The Crudeoil is now trading in highly oversold level. The oscillator is showing SELL signal
Intraday Trend- Sell if open below 3217 with stop loss at 3325.2 or sell below 3169.6Buy is not advised till it cross 3372.8
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