MCX CPO (Crude Palm Oil) Tips for Today


The below MCX crude palm oil tips & technical levels charts are updated at 9.30 am everyday based on the previous days data of the mcx crude palm oil and today's open price which is fetched from our server. Based on the quant's advanced camarilla equation and today's mcx crude palm oil open we have plotted the possible reversal and break out levels tips. Please use the levels and charts below for trading purposes.

Last Updated:  26/05/22

Long & Short Reversal Tips for CPO (Crude Palm Oil) MCX, INDIA

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

1245

1245

1245

1245

1245

Sell below

1245

1245

1245

1245

1245

Long & Short Breakout Tips for CPO (Crude Palm Oil) MCX, INDIA

Signal

Entry

Stop Loss

Target 1

Target 2

Breakout Buy above

1245

1245

1245

1245

Breakout Sell below

1245

1245

1245

1245

For your easy understanding we have plotted the below reversal and breakout level scenarios explanation in a easy readable charts below with entry, targets and stop loss.

MCX CPO (Crude Palm Oil) Intraday Tips Chart


MCX CPO Tips

The Equation involves two types of trading one with the trend and one against the trend, the important levels to note are the L3 and H3 levels, where you may expect a reversal to occur (Research shows that reversals from L3 and H3 happen as often as 4 out of 5 times – 80% during intraday trading. ), and the L4 and H4 levels where you may expect a major breakout to occur.

Live Intraday Tips : Camarilla levels & mcx crude palm oil target for today 26/05/22

H6

1245

Target 2

H5

1245

Target 1

H4

1245

Long Break Out

H3

1245

Go Short / Sell Below

H2

1245

H1

1245

Pivot

1245

Pivot

L1

1245

L2

1245

L3

1245

Go Long / Buy Above

L4

1245

Short Breakout

L5

1245

Target 1

L6

1245

Target 2

How to Trade the Free MCX CPO (Crude Palm Oil) Tips


Trading is done on the basis of open of the commodity. Depending on the open price of crude palm oil there can be five different scenarios occurring. Each scenario is discussed in a very detailed manner below.

  • SCENARIO 1
  • SCENARIO 2
  • SCENARIO 3
  • SCENARIO 4
  • SCENARIO 5

When the open of mcx crude palm oil is between H3 : 1245 and L3: 1245


  To Enter Long Position (BUY)


Wait for the price to go below 1245 and again when the rate moves back above 1245 Go Long. Stop loss can be placed at 1245

Targets will be Target 1 : 1245, Target 2 : 1245, Target 3 : 1245


  To Enter Short Position (SELL)


Wait for the price to go above 1245 and again when the rate moves back below 1245 Go Short. Stop loss can be placed at 1245


Targets will be Target 1 : 1245, Target 2 : 1245, Target 3 : 1245

About Camarilla Pivot Point Intraday Trading Strategy :

Camarilla pivot point ( mean reversion ) is a very popular intraday trading strategy still used by many traders which has an astounding accuracy with consistent performance.

Camarilla pivot point theory is an advanced form of the existing normal classical pivot point strategy founded by Nick scott a very successful bond trader in end of 1980’s It is highly accurate for trading high beta stocks and commodities. The Equation works on thesis that price most of the time has tendency to revert to its mean.

MCX CPO (Crude Palm Oil) Short Term Tips


Short term levels are calculated based on the previous week mcx crude palm oil open high low close. Here today's open doesn't play a major role, henceforth use the levels calculated below for possible reversal and break outs for your short term positional trading.

H6

1245

TGT 2

H5

1245

TGT1

H4

1245

Long Break Out

H3

1245

Go Short / Sell Below

H2

1245

H1

1245

Pivot

1245

Pivot

L1

1245

L2

1245

L3

1245

Go Long / Buy Above

L4

1245

Short Breakout

L5

1245

TGT 1

L6

1245

TGT 2


Short Term CPO (Crude Palm Oil) Buy & Sell Reversal Tips

Signal

Entry

Stop Loss

Target 1

Tgt 2

Tgt 3

Short Term Buy above

1245

1245

1245

1245

1245

Short Term Sell below

1245

1245

1245

1245

1245

Short Term CPO (Crude Palm Oil) Buy & Sell Breakout Tips

Signal

Entry

Stop Loss

Tgt 1

Tgt 2

Short Term Breakout Buy above

1245

1245

1245

1245

Short Term Breakout Sell below

1245

1245

1245

1245

We master in reversal and break out levels price analysis and prediction. Get the powerful reversal and breakout level Free MCX Tips for the 16 major commodities listed on the multi commodity exchange of India. Technical levels & free tips of the mcx agri commodity crude palm oil are updated every day.

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