MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 24-04-2017

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 24-04-2017
MTECHTIPS Mcx Crudeoil is bearish for medium-long term.Currently 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 on SELL signal and Crudeoil is coming down from overbought level For short term Crudeoil is in HOLD SHORT position and closed below 3 week low with volume signals down breakout.Positionally Immediate support for Crudeoil is 3182.Resistance for the Crudeoil is 3297-3367-3387-3401-3468-3496-
Short term and Intraday Level of CRUDEOIL

Crudeoil and closed below 1 week low with volume signals down breakoutCurrently Crudeoil is in HOLD SHORT position Crudeoil is moving sideways so short term investor better to buy only above 3439.0 or hold with stop at 3195.0 The Crudeoil is now trading in highly oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 3274.3 with a stop at 3171.7 Below 3141.9 go for sell
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