MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 02-08-2017

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 02-08-2017
MTECHTIPS Mcx Crudeoil is in perfect uptrend .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 3093-3083-3041-3038-2997-2989-. Immediate resistance for Crudeoil is 3247 Short term and Intraday Level of CRUDEOIL Currently Crudeoil is in HOLD LONG position In Crudeoil is in up trend but last day trend was weak so adhere to stop at 3139 The Crudeoil is now trading is approaching overbought level. The oscillator is showing SELL signal
Intraday Trend- Sell if open below 3093.8 with stop loss at 3176.4 Buy is advised only above 3211.4.
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