MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 22-11-2018

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips  22-11-2018

 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 .. 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 3811.Resistance for the Crudeoil is 4161-4311-4585-4880-4893-4934- Short term and Intraday Level of CRUDEOIL Currently Crudeoil is in HOLD SHORT position Crudeoil is in sideways so for short term better buy above 4205 with stop at 3826 The Crudeoil is now trading is approaching oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 4121 with a stop at 3858 Below 3776 go for sell and put stop at 4039

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