MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 21-08-2017

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 21-08-2017
MTECHTIPS Mcx Crudeoil is in long- medium- short-medium- term bull phase .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 3086-3076-3029-2984-.Resistance for the Crudeoil is 3117-3135- 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 3149.0 with stop at 2981.0 The Crudeoil is now trading is approaching oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 3171.9 with a stop at 3067.1 Below 3036.3 go for sell and put stop at 3141.1
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