MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 26-11-2018

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips  26-11-2018

 MTECHTIPS   Crudeoil is bearish for medium-long term .Currently 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 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 3560.Resistance for the Crudeoil is 4038-4197-4480-4854-4870-4884- Short term and Intraday Level of CRUDEOIL Currently Crudeoil is in HOLD SHORT position The Crudeoil is in downtrend For short term buy only if close above 3927.0 The Crudeoil is now trading is approaching oversold level. The oscillator is on BUY Signal and Crudeoil is recovering from oversold level Intraday Trend- Sell if open below 3512 with stop loss at 3734 or sell below 3408 Buy only above 3838

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