MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 11-12-2018

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips  11-12-2018

 MTECHTIPS   Crudeoil is bearish for medium-long term .Currently Crudeoil is moving sideways The Crudeoil is now trading in oversold level. The Crudeoil is now trading in oversold level. The oscillator is on BUY Signal and Crudeoil is recovering from oversold level .In last 3 weeks Crudeoil is trading in low volatality and fresh Buy can be considered in the Crudeoil if it close above4134 or buy with strict stop at 3450. The Crudeoil is now trading in oversold level. The Crudeoil is now trading in oversold level. The oscillator is on BUY Signal and Crudeoil is recovering from oversold level For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is 3722-3685-.Resistance for the Crudeoil is 3966-4564-4726-4728- Short term and Intraday Level of CRUDEOIL Currently Crudeoil is in HOLD SHORT position Crudeoil is in down trend so buy above 3822 The sell will again come if below 3559 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- Buy is advised above 3933 with a stop at 3678 Below 3599 go for sell

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