MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 17-03-2017

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 17-03-2017
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 . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Crudeoil is in SELL position.Positionally Immediate support for Crudeoil is 3095.Resistance for the Crudeoil is 3343-3430-3458-3503-3553-3563-
Short term and Intraday Level of CRUDEOIL

Currently Crudeoil is in HOLD SHORT position Crudeoil is in down trend so buy above 3229.0 The sell will again come if below 3107.0 The Crudeoil is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 3238.6 with a stop at 3165.6 Below 3145.6 go for sell
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