MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 24-04-2018

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MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 24-04-2018

 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 The current position is BUY .Positionally Support for the Crudeoil is 4398-4293-4248-4114-4092-4001-. Immediate resistance for Crudeoil is 4607

Short term and Intraday Level of CRUDEOIL Currently Crudeoil is in HOLD LONG position Crudeoil is in profit booking mode so hold with stop at 4485 The Crudeoil is now trading is approaching overbought level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 4637 with a stop at 4524 Below 4492 go for sell and put stop at 4606

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