MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 05-09-2017

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 05-09-2017
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 .. The Copper is now trading in highly overbought level. The oscillator is showing BUY signal For short term Crudeoil is in SELL position.Positionally Support for the Crudeoil is 3024-3020-3019-3016-.Resistance for the Crudeoil is 3074-3092- Short term and Intraday Level of CRUDEOILCurrently Crudeoil is in HOLD LONG position In short term Crudeoil is in strong up trend so hold with stop at 2979 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 3081.7 with a stop at 3029.6 Below 3016.4 go for sell with a stop at 3068.4

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