MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 27-04-2018

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MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 27-04-2018

 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 4447-4350-4282-4143-4109-4018-. Immediate resistance for Crudeoil is 4635

Short term and Intraday Level of CRUDEOIL Currently Crudeoil is in HOLD LONG position Crudeoil is in sideways and sellers was at high so for short term better buy above 4609 or hold with stop at 4468 The next resistance will be at 4617 The Crudeoil is now trading is approaching overbought level. The oscillator is on SELL signal and Crudeoil is coming down from overbought level

Intraday Trend- Buy is advised only above 4609 with a stop at 4535 Below 4516 go for sell and put stop at 4591

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