MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 31-03-2017

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 31-03-2017
MTECHTIPS Mcx Crudeoil is bearish for medium-long term .Currently Crudeoil is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend .. The Crudeoil is now trading in oversold level. The Crudeoil is now trading in oversold level. The oscillator is showing BUY signal For short term Crudeoil is in HOLD SHORT position.Positionally Support for the Crudeoil is 3169-3166-.Resistance for the Crudeoil is 3335-3468-3471-3520-
Short term and Intraday Level of CRUDEOIL

Currently Crudeoil is in HOLD LONG position Crudeoil has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 3311.2 with stop at 3076.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 3311.2 with a stop at 3244.7 Below 3226.9 go for sell and put stop at 3293.4
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