MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 08-08-2018

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MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 08-08-2018

 MTECHTIPS  Crudeoil is in long- medium- short- term bull phase .Currently Crudeoil is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Crudeoil is in HOLD SHORT position.Positionally Support for the Crudeoil is 4725-4713-4692-4690-4585-.Resistance for the Crudeoil is 4828- 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 4826.3 with stop at 4592.0 The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 4826 with a stop at 4725 Below 4697 go for sell and put stop at 4798

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