MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 26-04-2017

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 26-04-2017
MTECHTIPS Mcx Crudeoil is bearish for medium-long term .Currently Crudeoil is in strong downtrend with good momentum but volume is unsatisfactory 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.Positionally Immediate support for Crudeoil is 3141.Resistance for the Crudeoil is 3295-3346-3354-3384-3455-3490-
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 3248.0 The Crudeoil is now trading in highly oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 3211.5 with a stop at 3165.6 Below 3154.6 go for sell
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