MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 09-04-2018

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MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 09-04-2018

 MTECHTIPS  Crudeoil is showing some down move and trend is strong momentum is also showing strength and supported with good volume 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 HOLD SHORT position.Positionally Support for the Crudeoil is 4008-3926-.Resistance for the Crudeoil is 4079-4107-4176-4183- Short term and Intraday Level of CRUDEOIL Currently Crudeoil is in HOLD SHORT position The Crudeoil is in downtrend For short term buy only if close above 4140.0 The Crudeoil is now trading in highly oversold level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 4100.2 with a stop at 3989.5 Below 3958 go for sell

 

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