MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 27-12-2017

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 27-12-2017
MTECHTIPS Crudeoil is showing some up move after small correction and trend is strong momentum is also showing strength and supported with good volume The open interest is not increasing with trend . Caution note buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is 3699-3690-3684-3617-3501-3391-. Immediate resistance for Crudeoil is 3853 Short term and Intraday Level of CRUDEOIL Currently Crudeoil is in HOLD LONG position In short term Crudeoil is in strong up trend so hold with stop at 3714 The Crudeoil is now trading in highly overbought level. The oscillator is showing BUY signal Intraday Trend- Buy is advised above 3897 with a stop at 3797.Below 3768 go for sell with a stop at 3869
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