MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 12-09-2018

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MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 12-09-2018

 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 Crudeoil is now trading in overbought level. The Crudeoil is now trading in overbought level. The oscillator is showing SELL signal For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is 4937-4883-4789-4776-4717-4709-. Immediate resistance for Crudeoil is 5134 Short term and Intraday Level of CRUDEOIL Currently Crudeoil is in HOLD SHORT position Crudeoil is in sideways and sellers was at high so for short term better buy above 5146  or hold with stop at 4808The next resistance will be at 5054 The oscillator is showing BUY signal

Intraday Trend- Buy is advised only above 5146 with a stop at 4988 Below 4942 go for sell and put stop at 5100

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