MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 07-08-2017

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 07-08-2017
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 on SELL signal and Crudeoil is coming down from overbought level For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is 3120-3092-3076-3032-3023-2983-. Immediate resistance for Crudeoil is 3247
Short term and Intraday Level of CRUDEOIL Currently Crudeoil is in HOLD SHORT position Crudeoil is in sideways so for short term better buy above 3194.9 with stop at 3094.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 3194.9 with a stop at 3123 Below 3103.3 go for sell and put stop at 3175.1
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