MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 12-10-2017

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 12-10-2017

MTECHTIPS Crudeoil is in perfect uptrend.Currently Crudeoil is showing some down move and trend is strong momentum is also showing strength but volume is unsatisfactory The open interest is not increasing with trend . Caution note 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 3314-3310-3243-3154-3098-3074-. Immediate resistance for Crudeoil is 3373

Short term and Intraday Level of CRUDEOIL

Currently Crudeoil is in HOLD LONG position Crudeoil is in sideways and sellers was at high so for short term better buy above 3384.8 or hold with stop at 3218.0 The next resistance will be at 3360.0 The oscillator is showing BUY signal

Intraday Trend- Buy is advised only above 3384.8 with a stop at 3324.8 Below 3309.4 go for sell and put stop at 3369.

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