MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 01-08-2017

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 01-08-2017
MTECHTIPS Mcx 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 3094-3066-3041-3026-2993-2986-. Immediate resistance for Crudeoil is 3227Short 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 3138 The Crudeoil is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 3216.3 with a stop at 3163.2 Below 3149.8 go for sell with stop at 3202.9
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