Sunday 17 June 2018

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 18-06-2018


MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 18-06-2018


 MTECHTIPS  Crudeoil is moving sideways The Crudeoil is now trading in oversold level. The Crudeoil is now trading in oversold level. The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Crudeoil if it close above4647 or buy with strict stop at 4288. The Crudeoil is now trading in oversold level. The Crudeoil is now trading in oversold level. The oscillator is showing BUY signal For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is 4391-4298-.Resistance for the Crudeoil is 4456-4483-4586-4633- Short term and Intraday Level of CRUDEOIL Currently Crudeoil is in HOLD LONG position Crudeoil has formed a new 5 day high yesterday but failed to keep the trend so if buying has to considered better above4556 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- Sell if open below 4370 or sell below 4314 with stop loss at 4500 Buy if open above 4500 or buy above 4556 with stop loss at 4370
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