MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 12-07-2017

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 12-07-2017
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 oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Crudeoil is 2891-2880-.Resistance for the Crudeoil is 2955-3031-3119-3186-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 2917.0 The Crudeoil is now trading is approaching oversold level. The oscillator is on BUY Signal and Crudeoil is recovering from oversold level
Intraday Trend- Buy is advised only above 2968.4 with a stop at 2881 Below 2855.8 go for sell and put stop at 2943.1
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