MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 23-08-2017

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 23-08-2017
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 3032-2987-.Resistance for the Crudeoil is 3101-3106-3108-3119-
Short term and Intraday Level of CRUDEOIL Currently Crudeoil is in HOLD LONG position The Crudeoil is not giving any clear signal So buy only if close above3145.0 and sell below 2981.0 The oscillator is showing BUY signal Intraday Trend-The Crudeoil closed in a confusion manner So buy for intraday only above 3135.1 with a stop at 3037.5 If opens below 3037.5 or trade below 3009.1 be cautious or go for sell with stop at 3106.6
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