MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 24-05-2017

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 24-05-2017
MTECHTIPS Mcx Crudeoil is bearish for medium-long term .Currently Crudeoil is in strong uptrend with good momentum 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 oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Crudeoil is 3303-3196-3167-3135-3102-.Resistance for the Crudeoil is 3402-
Short term and Intraday Level of CRUDEOIL

Currently Crudeoil is in HOLD LONG position In short term Crudeoil is in strong up trend so hold with stop at 3274 Very Short term investor please cautious on Crudeoil as it is moving with low volatality The Crudeoil is now trading in highly overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 3382.2 with a stop at 3317.1 Below 3299.9 go for sell with a stop at 3364.9
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