MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 09-08-2018

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MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 09-08-2018

 MTECHTIPS  Crudeoil is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing BUY signal For short term Crudeoil is in HOLD SHORT position.Positionally Immediate support for Crudeoil is 4538.Resistance for the Crudeoil is 4625-4728-4729-4742-4805-

Short term and Intraday Level of CRUDEOIL Currently Crudeoil is in HOLD LONG position Crudeoil is in sideways but the trend looks weak so better buy above 4812 or hold with stop at 4556 The oscillator is showing BUY signal  Intraday Trend- Sell if open below 4503 with stop loss at 4637 or sell below 4445 Buy is not advised till it cross 4695

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