MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 18-08-2017

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 18-08-2017
MTECHTIPS Mcx Crudeoil is bearish for medium-long term .Currently Crudeoil is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Crudeoil is in SELL position.Positionally Support for the Crudeoil is 2980-.Resistance for the Crudeoil is 3051-3095-3111-3121-3140-
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 3088.0 The Crudeoil is now trading in highly oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 3053.7 with a stop at 3001.7 Below 2988.4 go for sell
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