MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 23-04-2018

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MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 23-04-2018

 MTECHTIPS  Crudeoil is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is 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 4354-4263-4227-4100-4084-3992-. Immediate resistance for Crudeoil is 4607

Short term and Intraday Level of CRUDEOIL Currently Crudeoil is in HOLD LONG position Crudeoil has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 4573.2 with stop at 4303.0 The Crudeoil is now trading is approaching overbought level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 4573.2 with a stop at 4505.4 Below 4488.9 go for sell and put stop at 4556.7

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