MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 20-04-2017

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 20-04-2017
MTECHTIPS Mcx Crudeoil is bearish for medium-long term .Currently Crudeoil is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The Crudeoil is now trading in overbought level. The Crudeoil is now trading in overbought level. The oscillator is showing SELL signal For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is 3265-.Resistance for the Crudeoil is 3365-3405-3412-3477-3496-
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 3428.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 3412.5 with a stop at 3297.6 Below 3263.8 go for sell
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