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MENTHAOIL Intraday Tips For 23 Feb 2019

Last update on 21 Feb 2019
MENTHAOIL (EXP 28 Feb 2019) CMP-1620.5 currently close down side in intraday. It is likely to test support 1597.10 / 1573.75 / 1537.30. If it breaks above 1633.55 with volume then it may test upperside resistance, such as 1656.90 / 1693.35 / 1716.70.
INTRADAY SUPPORT AND RESISTANCE LEVELS
R4 1716.70
R3 1693.35
R2 1656.90
R1 1645.20
PP 1633.55
S1 1615.30
S2 1597.10
S3 1573.75
S4 1537.30
Last Day High 1670
Last Day Low 1610.2
Last Day Close 1620.5
Close down side
Always prefer to long if cross R2(with volume) and short if cross S2(with volume)