MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 06-12-2018

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips  06-12-2018

 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 .. 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 HOLD SHORT position.Positionally Support for the Crudeoil is 3687-.Resistance for the Crudeoil is 3820-4073-4656-4754-4769- Short term and Intraday Level of CRUDEOIL Currently Crudeoil is in HOLD LONG position In short term Crudeoil is in strong up trend so hold with stop at 3675 The oscillator is showing BUY signal

Intraday Trend- Buy if open above 3854  with a stop at 3749 or buy above 3899 Below 3704  go for sell or sell if open below3749

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