MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 14-03-2018

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MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 14-03-2018

 MTECHTIPS   Crudeoil is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Crudeoil is in HOLD SHORT position.Positionally Support for the Crudeoil is 3831-.Resistance for the Crudeoil is 3940-4002-4019-4039-4050- Short term and Intraday Level of CRUDEOIL Currently Crudeoil is in SELL position The Crudeoil is in downtrend For short term buy only if close above 4031 The Crudeoil is now trading is approaching oversold level. The oscillator is on BUY Signal and Crudeoil is recovering from oversold level Intraday Trend- Buy is advised above 3986 with a stop at 3881 Below 3852 go for sell

 

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