MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 10-05-2017

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 10-05-2017
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 . In last few days volume based selling happened in the Crudeoil. The Crudeoil is now trading in oversold level. The Crudeoil is now trading in oversold level. The oscillator is showing SELL signal For short term Crudeoil is in SELL position.Positionally Immediate support for Crudeoil is 2828.Resistance for the Crudeoil is 3079-3139-3244-3276-3386-3447-
Short term and Intraday Level of CRUDEOIL

Currently Crudeoil is in HOLD SHORT position Crudeoil is in down trend so buy above 3016.0 The sell will again come if below 2839.0 The Crudeoil is now trading is approaching oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 3014.6 with a stop at 2943.3 Below 2923.6 go for sell
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