MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 08-01-2018

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 08-01-2018
MTECHTIPS Crudeoil is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Crudeoil Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Crudeoil is 3827-3778-3737-3692-3573-3450-. Immediate resistance for Crudeoil is 3966 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 3865 The Crudeoil is now trading is approaching overbought level. The oscillator is showing BUY signal Intraday Trend- Buy is advised above 3929 with a stop at 3862 Below 3844 go for sell with stop at 3912
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