MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 27-11-2018

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips  27-11-2018

 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 Crudeoil is now trading in highly oversold level. The oscillator is showing SELL signal For short term Crudeoil is in SELL position.Positionally Immediate support for Crudeoil is 3560.Resistance for the Crudeoil is 3965-4133-4422-4840-4858-4859- 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 3835 The Crudeoil is now trading is approaching oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 3816 with a stop at 3605 Below 3540 go for sell and put stop at 3750

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