Commodity MCX / NCDEX tips, Crude oil tips, energy tips, FREE Stock, Commodity & Forex tips, mcx tips

CRUDE OIL TIPS: Bearish Pressure Remains

FREE Crude oil intraday tips
FREE Crude oil intraday tips

On last week crude oil lost almost -212 points and on previous trading session it had lost -97 rupees. Look at above chart, MACD & RSI showing down signals. Now no need to explain in-details to smart traders because resistance has been broken and at the present time I look 80% chance to hit first support (2320 level). I am recommending selling crude oil to premium subscribers & free readers.

Once black gold comes under ‘critical zone’ then we will see 2072-1922 levels again.

If you would like to buy crude oil then wait until it crossover the resistance 2545 level OR wait for it to hit support 2320 level one time. If the crude oil breaks resistance and move up then we will show 2610-2740+ levels.

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Mr.Dev, has been in the forex and commodity markets since 1997. He’s one of the few non-biased investment advisors to have correctly called the current bull / bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts on Indian commodity markets & currency, he is becoming increasingly more renowned. Mr.Dev has been quoted in many of the newspapers. He is a highly recommended technical analyst by many of the local financial newsletters and advisory services. He also is founder of commodity profit sharing service on Moneymunch.

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