MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 27-06-2017


MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 27-06-2017

 MTECHTIPS Mcx 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 . Noting point is selling at lower levels seems decreasing. The Crudeoil is now trading in oversold level. The oscillator is showing BUY signal For short term Crudeoil is in HOLD SHORT position.Positionally Immediate support for Crudeoil is 2721.Resistance for the Crudeoil is 2853-2903-3024-3093-3154-3256-

Short term and Intraday Level of CRUDEOIL

Currently Crudeoil is in HOLD SHORT position Crudeoil is moving sideways with low volatality so short term investor better to buy if close above 2892.0 close below 2732.0 Sell will happen. The Crudeoil is now trading is approaching oversold level. The oscillator is showing BUY signal

Intraday Trend-Intraday better to buy above 2862.6 and Sell if below2739.6

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