MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 19-11-2018

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips  19-11-2018

 MTECHTIPS   Crudeoil is bearish for medium-long term .Currently Crudeoil is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . In last few days volume based selling happened in the Crudeoil. The Crudeoil is now trading in highly oversold level. The Crudeoil is now trading in highly oversold level. The oscillator is showing BUY signal For short term Crudeoil is in SELL position.Positionally Immediate support for Crudeoil is 3952.Resistance for the Crudeoil is 4343-4503-4738-4915-4925-4993-

Short term and Intraday Level of CRUDEOIL Currently Crudeoil is in SELL position Crudeoil is in down trend so buy above 4156 The sell will again come if below 3968 The Crudeoil is now trading is approaching oversold level. The oscillator is on BUY Signal and Crudeoil is recovering from oversold level Intraday Trend- Buy is advised above 4202 with a stop at 4058 Below 4016 go for sell

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