MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 06-10-2017

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 06-10-2017
MTECHTIPS Crudeoil is in long- medium- short-medium- term bull phase .Currently Crudeoil is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The Crudeoil is now trading in overbought level. The Crudeoil is now trading in overbought level. The oscillator is showing SELL signal For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is 3191-3139-3070-3064-.Resistance for the Crudeoil is 3307-3355- Short term and Intraday Level of CRUDEOIL Currently Crudeoil is in HOLD SHORT position Crudeoil has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below3224.9 Buy if above 3472.0 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 3307.2 with a stop at 3242.2 Below 3224.9 go for sell
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